Financial Accounts and Transactions

A contact, household, or company owns financial accounts. Company or contacts deal with transactions and holders. Financial account details includes information about financial accounts of contact or company such as the financial account, type of the financial account, balance, balance as of date, date

Following are the key concepts for understanding financial accounts and transactions:

1. Financial Accounts Overview

   Financial accounts overview provides financial accounts summary, transactions details, and information about holders for household accounts such as the joint checking account.

2. Contact Financial Accounts

   Contact financial accounts is the list of all financial accounts that an individual contact for retail banking owns.

3. Household Financial Accounts

   Household financial accounts is the list of all financial accounts that members of the household own.

4. Company Financial Accounts

   Company financial accounts is the list of all financial accounts that the company for commercial banking owns.

5. Financial Account Summary

   Financial account summary is the complete view of customer financial account that includes information such as type of account (individual or joint), account balance, and date on which the account was opened. Financial accounts summary enables bankers and bank managers to view the list of household or contact financial accounts and to drill down for further details. Financial accounts summary is available on the Edit Contact, Edit Household, and Edit Company pages.

6. Transactions

   Transaction details include details related to all the transactions for the financial account such as transaction number, transaction date, description, type of transaction (deposit), and status of transaction as completed or not.

7. Holders

   Holders contains the list of financial account holders and their email details.