PARTY TO PARTY LINKAGE

Party to Party linkage is required by medium and large corporates if the user(s) of the parent company needs to access accounts of the subsidiary companies.

For e.g. consider a case wherein say ‘ABC Industries’ is the parent company with a subsidiary company ‘PQR Enterprises’ and the users of ABC Industries needs to access accounts of PQR Enterprises to carry out transactions and/or inquiries.

The corporate will provide a mandate/ board resolution to the bank for creation of Party to Party linkage.

Bank Administrator will setup a Party to Party linkage by selecting the parties to be linked. Corporate Administrators can only view party to party linkage. They do not have the rights to maintain or edit the party linkages

Pre-Requisites

• Party preferences should be maintained for the parent as well as the party to be linked
• Channel Access should be enabled for both the parent as well as the party to be linked

Workflow

Features Supported In Application

The following options are available as part of P2P linkage maintenance

• View an existing Party to Party Linkage

How to reach here:

Corporate Administrator Dashboard > Toggle menu > OnBoarding > Party To Party Linkage

Field Description

Field Name	Description
Parent Party Id	Parent party Id of the corporate user to which you want to link other party.
Parent Party Name	Name of the parent party.

Party to Party Linkage- View

The corporate administrator can view the details of the linked parties to the parent party id.

To view the party to party linkage:

• Navigate to the Party to Party Linkage screen.

2. Click Cancel to cancel the transaction.
   The Party To Party Linkage screen with search results with parent party identified and list of linked parties appears.

Home

Copyright Information

View Table of Contents