2 Account Aggregation– Retail Users

This topic describes the account aggregation feature which allows retail users to link their external bank accounts to the OBDX platform, for aggregation.

The user can access the link to add the external accounts for aggregation from the dashboard. Further, the user is expected to select and map the required external bank account (s) for aggregation. An option to login using external bank credentials for linking the accounts is enabled, so that the external bank accounts of the user will be fetched and stored for account aggregation.

The user can disable/ enable external accounts at a later stage, to add or remove external accounts from his OBDX view.

Pre-requisites:

• External Banks are maintained using OBDX Administrative maintenance.
• Transaction access is provided to retail user
• Transaction working window is maintained for initiating payment from Internal to External accounts
• Transaction limits are assigned to user to perform the payment transaction

Features Supported In the Application

• Link external bank accounts for account aggregation
• Disable external bank accounts, from account aggregation feature
• Consolidated view of all accounts in an Aggregation dashboard
• Quick and easy payment from internal to external accounts
• Consent Management for linked accounts

Perform anyone of the following navigation to access the screen.

• If there are no linked accounts;

  From the Dashboard, click Toggle menu, click Menu, Click  Financial Management , then click Personal Finance Management. Under Personal Finance Management, click FuturaMax, then click Link/delink an Account.

• If the external accounts are already linked;

  From the Dashboard, click Toggle menu, click Menu, Click  Financial Management , then click Personal Finance Management. Under Personal Finance Management, click FuturaMax, then click View Dashboard.

The Aggregation Dashboard appears

• Aggregation Page
  This topic provides the systematic instructions for Account Aggregation, if a logged in retail user has not linked any external bank accounts to his OBDX user ID.
• Aggregation Dashboard for Already Linked External Account
  This topic describes Account Aggregation dashboard, if external bank accounts are already linked to the OBDX accounts of the retail user.
• Linking the External Bank Accounts
  This topic provides the systematic instructions to allows the retail user to link the external accounts.
• De-Linking the External Bank Account
  This topic provides the systematic instructions to allows the retail user to de-link the already linked external accounts.
• Consent Management for External Bank Account
  This topic provides the systematic instructions to allows the retail user to manage the consent for linked external bank accounts.
• Transfer Money to the External Bank Account
  This topic provides the systematic instructions to enables the user to initiate payments towards external accounts that are linked to their internal accounts.