2.4.5 Certificate of Deposit Joint Holder Maintenance

Certificate of Deposit account can be owned by single holder or multiple owners. This screen can be used for modifying the deposit account’s joint holder details. You can either add joint holders for the first time or modify the existing joint holder relationship using this screen.

Note:

The fields marked as Required are mandatory.

A customer can be the sole or joint owner of a CD account. The joint accounts are accounts that are shared between two or more individuals. They can be operated either singly or jointly.

To maintain joint holder details:

1. On the Home screen, from the Certificate of Deposit Services mega menu, under Certificate of Deposits, under Maintenance, click Joint Holder or specify Joint Holder in the search icon bar and select the screen.

   The Certificate of Deposit Joint Holder Maintenance screen is displayed.

   Figure 2-47 Certificate of Deposit Joint Holder Maintenance

   
   

   
   Description of "Figure 2-47 Certificate of Deposit Joint Holder Maintenance"

   
   
2. Click the Search icon or specify the account number in the Account Number field, and press Enter or Tab.
   The account holder details and mode of operation are displayed.

   Figure 2-48 Certificate of Deposit Joint Holder Maintenance

   
   

   
   Description of "Figure 2-48 Certificate of Deposit Joint Holder Maintenance"

   
   
3. You can view the account holder details of the selected Certificate of Deposit account number. For more information on fields, refer to the field description table.

   Table 2-37 Certificate of Deposit Joint Holder Maintenance – Field Description

   Field	Description
   Account Number	Click the Search icon and select the account number or specify the account number to maintain the joint holder details. Note: The customer information is displayed at the right of the screen.
   Amount Name	Displays the name of the account holder for the selected account number.
   Primary Holder	Displays the primary account holder's name.
   Mode of Operation	Specify the mode of operation. Note: The mode of operations are maintained in the host system and fetched in the list.
   Joint Holder Details	This section displays the existing joint holder details for a joint account. Note: You can perform the following actions in this section: Add Joint Holder Details: For details on this action, refer Add Joint Holder. Edit Joint Holder Details: For details on this action, refer Edit Joint Holder Details. Delete Joint Holder Details: From the Actions field, click the Delete icon. A confirmation message is displayed that the action cannot be recovered. Click Delete to proceed with the deletion. Convert Joint Account to Single Account: From the Mode of Operations field, select the Single option. A confirmation message is displayed. Click Confirm to proceed with the converstion.

4. Click Submit.
   The screen is successfully submitted for authorization.

• Maintain Joint Holder Details
  You can add new joint holders, modify or delete the existing joint holders of CD account. You can also add, edit, or delete a joint holder of a CD account. Also, you can covert a joint holder account to single holder account and vice-versa.