2.1.4 Account Closure

Account Closure is a process executed when closing an account.

When 'Close' is initiated, the system closes the account and the cheque books allotted to the account; it then liquidates the interest due from or to the account, then closes all maintenance(s) in the product processor and finally closes the account.

This topic contains the following subtopics:

• Account Closure Search
  This topic describes the systematic instructions to search, and close an account.