1.7 Stakeholder Information

This topic describes the section of the application where you provide information about the business's stakeholders.

In this section you can specify information pertaining to the stakeholders of the business. By default, capture of atleast one stakeholder is mandatory. You will be required to first specify information related to the type of stakeholder i.e. whether the stakeholder is an owner or an authorized signatory and specify additional information if the stakeholder is an owner. Additionally, you will also be required to specify whether the stakeholder is new to the bank or has an existing relationship with the bank. Based on this information, you will either be required to specify extensive information including personal, contact and identify, if the stakeholder is new to the bank; or simply specify basic information such as customer ID, name and date of birth, if the stakeholder is an existing customer of the bank.

The following sub sections document the information captured under the stakeholder information section.

Figure 1-10 Stakeholder Information – Step1 – Stakeholder 1

Description of "Figure 1-10 Stakeholder Information – Step1 – Stakeholder 1"

Note:

The fields which are marked as Required are mandatory.

For more information on fields, refer to the field description table.

Table 1-10 Stakeholder Information – Step1 – Stakeholder 1 - Field Description

Field Name	Description
Relationship to the Business	Specify the stakeholder type. The options are: Owner Authorized Signatory
Associated Since	The date since when the stakeholder has been associated with the business. This field will be enabled and displayed only if Owner has been selected in the field Relationship to the Business.
Ownership Percentage	The percentage by which the owner owns the business. This field will be enabled and displayed only if Owner has been selected in the field Relationship to the Business.
Is the stakeholder an existing customer of the bank?	Specify whether the stakeholder is an existing customer of the bank or not. The options are: Yes No

1. From the Relationship to the Business drop-down list, select the stakeholder type.
2. From the Associated Since date picker list, select the date since when the applicant has been associated with the business.
   This field will be enabled and displayed only if Owner has been selected in the field Relationship to the Business.
3. In the Ownership Percentage field, enter the percentage by which the owner owns the business.
   This field will be enabled and displayed only if Owner has been selected in the field Relationship to the Business.
4. In the Is the stakeholder an existing customer of the bank? field, specify whether the stakeholder is an existing customer of the bank or not.
   Perform one of the following actions:

   • If you select the option Yes and click Continue to proceed to the next step in the application.

     The Stakeholder Information- Stakeholder 1 Details screen appears on which you can specify basic information of the stakeholder which will include Customer ID, First Name, Last Name and Date of Birth.

   • If you select the option No, and click Continue to proceed to the next step in the application.

     The steps by way of which you can specify personal information of the stakeholder including the option to perform KYC of the stakeholder, will be displayed.

     Stakeholder Information – Step 2 – Stakeholder 1 (Existing Customer)

     The following screen will be displayed if the option Yes has been selected under the field Is the stakeholder and Existing Customer of the Bank?.

     Figure 1-11 Stakeholder Information – Stakeholder 1 (Stakeholder is an existing customer of the bank)

     
     

     
     Description of "Figure 1-11 Stakeholder Information – Stakeholder 1 (Stakeholder is an existing customer of the bank)"

     
     

     Note:

     The fields which are marked as Required are mandatory.

     For more information on fields, refer to the field description table.

     Table 1-11 Stakeholder Information – Stakeholder 1 (Stakeholder is an existing customer of the bank) - Field Description

     Field Name	Description
     Customer ID	Specify stakeholder's Customer ID.
     First Name	The first name of the stakeholder.
     Middle Name	The middle name of the stakeholder. This field is optional.
     Last Name	The last name of the stakeholder
     Date of Birth	The date of birth of the stakeholder

     1. In the Customer ID field, enter the stakeholder's Customer ID.
     2. In the First Name field, enter the first name of the stakeholder.
     3. In the Middle Name field, enter the middle name of the stakeholder.
     4. In the Last Name field, enter the last name of the stakeholder.
     5. In the Date of Birth field, enter the date of birth of the stakeholder.

     Stakeholder Information- Step 2 - Stakeholder 1 (Stakeholder is new to the bank)

     The following screen along with sub sections defined, will be displayed, if the option No has been selected under the field Is the stakeholder and Existing Customer of the Bank?.

     For details on Online KYC Mode, please refer the User Manual Oracle Banking Digital Experience Originations - KYC Modes.

     Figure 1-12 Stakeholder Information – Stakeholder 1 - Primary Information

     
     

     
     Description of "Figure 1-12 Stakeholder Information – Stakeholder 1 - Primary Information"

     
     

     Note:

     The fields which are marked as Required are mandatory.

     For more information on fields, refer to the field description table.

     Table 1-12 Stakeholder Information – Stakeholder 1 - Primary Information - Field Description

     Field Name	Description
     Primary Information
     Title	The title of the stakeholder.
     First Name	The first name of the stakeholder.
     Middle Name	The middle name of the stakeholder. This field is optional.
     Last Name	The last name of the stakeholder.
     Date of Birth	The date of birth of the stakeholder.
     Citizenship	The country in which the stakeholder holds citizenship.
     Country of Birth	The country in which the stakeholder was born.

     Perform one of the following actions:

     • Click on the link to upload documents in support of stakeholder information, browse and upload documents that contain information of the business.

       The system prefill details in the Stakeholder Information section.

     • In the Primary Information section, the required details.
       1. From the Title list, select the title that applies to the stakeholder.
       2. In the First Name field, enter the stakeholder’s first name.
       3. In the Middle Name field, enter the stakeholder’s middle name, if applicable.
       4. In the Last Name field, enter the stakeholder’s last name.
       5. From the Date of Birth date picker, select the stakeholder’s date of birth.
       6. From the Citizenship list, select the country in which the stakeholder is a citizen.
       7. From the Country of Birth field, select the country in which stakeholder was born.
5. Click Continue to move to next sub section.
   The Stakeholder Information- Stakeholder 1 Identity Details section appears.

   Figure 1-13 Stakeholder Information – Stakeholder 1 - Identity

   
   

   
   Description of "Figure 1-13 Stakeholder Information – Stakeholder 1 - Identity"

   
   

   Note:

   The fields which are marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 1-13 Stakeholder Information – Stakeholder 1 - Identity - Field Description

   Field Name	Description
   Identity
   Identification Type	The applicant can select an identification document, which will be provided as the stakeholder’s proof of identity.
   ID Number	The number of the proof of identity selected.
   Valid Till	The date till which the identity of the stakeholder is valid.

   1. From the Identification Type list, select an identification document which stakeholder would like to provide as proof of identity.
   2. In the ID Number field, enter the identity number of the proof of identity selected.
   3. From the Valid till date picker, select the date till which the identification document is valid.
6. Click Continue to move to next sub section.
   The Stakeholder Information- Stakeholder 1 Contact Details section appears.

   Figure 1-14 Stakeholder Information – Stakeholder 1 - Contact

   
   

   
   Description of "Figure 1-14 Stakeholder Information – Stakeholder 1 - Contact"

   
   

   Note:

   The fields which are marked as Required are mandatory.

   For more information on fields, refer to the field description table.

   Table 1-14 Stakeholder Information – Stakeholder 1 - Contact - Field Description

   Field Name	Description
   Contact Details
   Home Address	Enter the current residential address of the stakeholder.
   Link to enter address field by field	Click the provided link to enter the stakeholder’s address field by field in an overlay window.
   Home Address Overlay	This overlay window will open when the user clicks on the link to enter fields manually.
   House/Unit Number	The house or unit number of the stakeholder.
   Building Name	The building name of the stakeholder.
   Street	Specify street in which the stakeholder’s address is located.
   Locality	Specify locality in which the stakeholder’s address is located.
   Zip Code	Enter the zip code in which the stakeholder’s address is located.
   City	The city in which the stakeholder’s address is located.
   State	The state in which the stakeholder’s address is located.
   Country	The country in which the stakeholder’s address is located.
   Current Location	Select the current location of the stakeholder.
   Email ID	The email ID of the stakeholder.
   Mobile Number	The mobile number of the stakeholder.
   Alternate Phone Number	The stakeholder’s alternate phone number in addition to his/her mobile number. This field is optional.

   1. In the Home Address field, enter stakeholder’s home address.

      OR

      Click on the Add Manually link provided under the Home Address field to invoke the overlay on which you can enter stakeholder’s home address line by line.

      You can specify the stakeholder’s home address as follows:

   2. In the House/Unit Number field, enter the stakeholder’s house or unit number.
   3. In the Building Name field, enter the building/house name of stakeholder’s home address, if applicable.
   4. In the Street field, enter the name of the street on which stakeholder’s home address is located.
   5. In the Locality field, enter the locality in which stakeholder’s home address is located.
   6. In the Zip Code field, enter the zip code of stakeholder’s home address.
   7. In the City field, enter the name of the city in which stakeholder’s home address is located.
   8. In the State field, enter the name of the state in which stakeholder’s home address is located.
   9. In the Country field, enter the name of the country in which stakeholder’s home address is located.
   10. From the Current Location field, select the current location of the stakeholder.
   11. In the Email ID field, enter the stakeholder’s email ID.
   12. In the Mobile Number field, enter the stakeholder’s mobile number.
   13. In the Alternate Phone Number field, enter an alternate phone number by which the bank will be able to contact the stakeholder.
7. Click Continue to proceed to the next step in the application.
   The Additional Stakeholder screen will be displayed on which you can specify whether you wish to add an additional stakeholder or not.

Additional Stakeholder

This screen is displayed once the information of a stakeholder (existing customer or new to the bank) has been specified. Through this option, the applicant will be able to add an additional stakeholder, if he/she wishes to. This option will appear after each stakeholder is added (in case of additional stakeholders being added as well) till the maximum number of stakeholders allowed to be added to a business, has been reached.

Figure 1-15 Additional Stakeholder

Description of "Figure 1-15 Additional Stakeholder"

Note:

The fields which are marked as Required are mandatory.

For more information on fields, refer to the field description table.

Table 1-15 Field Description

Field Name	Description
Do you want to add an additional stakeholder?	Specify whether you want to add another stakeholder’s details. The options are: Yes No

1. Select option Yes under the Do you want to add an additional stakeholder? field, if you wish to add another stakeholder’s details.

   The screen on which you can specify basic details of the stakeholder followed by others steps depending on whether the stakeholder is an existing customer of the bank or not, will appear, once you click on Continue.

2. Perform one of the following actions:
   • Repeat steps 1 to 7 for the new stakeholder.
   • Select option No under the Do you want to add an additional stakeholder? field, if you do not wish to add another stakeholder.

     The next step in the application form will be displayed once you click on Continue.  

8. Perform one of the following actions:
   • Click Continue to proceed to the next step in the application.
   • Click Back to navigate back to the previous step in the application.
   • Click on the Scan QR-code anytime to continue on mobile link to continue the application on mobile or tablet device.
   • Under the kebab menu, perform one of the following actions:
     • Click the Save and Continue Later option to save the application.
     • Click the Continue on Mobile option to continue the application on a mobile device.