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Siebel Finance Guide > Managing Companies > About Managing Oracle FLEXCUBE Universal Banking Companies > Company - Mandates ViewMandates are customer agreements for direct debits. These agreements are maintained by the bank on behalf of customers who participate as creditors or debtor in a direct debit transaction. A customer can have multiple agreements. The following are the important mandate attributes:
For the product and customer combination, you must indicate if a direct debit agreement is required for processing incoming and outgoing transactions. Unlike the customer agreement, which is used to validate the product and customer involved in a transaction, a direct debit agreement exists between the customer and the counter party participating in a transaction. Companies can be associated with one or more mandates. Mandates are read-only in Siebel Finance. Users can view mandates for a Company using the Account - Mandates List view. |
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