4.5 Term Deposit Joint Holder Maintenance
Term 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.
The Joint Holder can be a Guarantor, Authorized Signatory, Power if Attorney, and so on. A customer can be the sole or joint owner of a TD 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:
Note:
The fields marked as Required are mandatory.- Maintain Joint Holder Details
You can add new joint holders, modify or delete the existing joint holders of Term deposit account. You can also add, edit, or delete a joint holder of a TD account. Also, you can covert a joint holder account to single holder account.
Parent topic: TD Maintenances