Current and savings accounts are the most basic and critical products of retail banking. Most banking customers hold either a current or a savings account with their banks. Banks, in turn, encourage the use of current or savings accounts as it results in a higher profit margin for the bank.
The application provides a platform by which banks are able to offer their customers an enriching online banking experience in performing activities on their accounts.
Through the online banking application, customers can perform various activities on their accounts. Customers can view account balances and statements, initiate service requests and perform other inquiries as well as perform financial transactions on their accounts.
Features Supported In the Application:
The retail accounts module of the application supports the following features:
Pre-Requisites
The accounts dashboard showcases a summary of the accounts held by the customer. It provides the facility for users to access all the important features and information related to the account.
Click on individual components to view in detail.
Summary This widget displays the total net balance available across all the current and savings accounts of the user. It also displays, in graphical form, the percentage that each account makes up of the total net balance. The customer can also toggle between viewing the summary of conventional and Islamic accounts, if he holds both types of accounts with the bank. |
|
Account Cards This section lists down all the active current and savings accounts that the customer holds with the bank. Each account is displayed as a separate card with basic details such as the holding pattern along with the name of the primary account holder, account product or offer name, the masked account number and account nickname, if defined, along with the net balance of the account. If the customer holds both conventional as well as Islamic accounts, the type of account is also identified on each card. The customer is able to view further details of an account by clicking on the account’s card. |
|
Inactive Accounts This widget displays the number of accounts of the customer that are in inactive status. The customer can view details of the inactive accounts by clicking on the View All link provided. |
|
Mini Statements The mini statement widget displays the recent activity taken place in a specific current or savings account. The customer can select a specific account to view the mini statement. Each activity on the statement is indicated by the date on which the activity took place, the description of the activity as well as the amount that was debited or credited in the account. By clicking the More Details link, the customer is able to invoke the account statement screen on which the customer can view the complete statement of any current or savings account. |
|
Service Requests The service requests widget displays the number of open service requests related to CASACurrent Account or Savings Accounts are operative accounts through which account holders perform day to day operations such as deposits and withdrawal of money. accounts, initiated by the customer. The customer can click on the View All link in order to track the status of open service requests. |
|
Forex Calculator The forex calculator widget is nothing but a link provided on the dashboard from which the customer can access the ForexForeign Exchange Currency Calculator. |