2.2.2 Relationship

This topics describes the relationship details of parties that are involved in loan account opening application.

In this data segment you can add and view relationships of the customer. While onboarding a customer, adding the relationship details is benefical to both customer and bank. Below are the available relationship types,

• Service Member - If related party is served in military services.
• Related to Insider – If related party is an insider.

This data segment is applicable only for Individual type of customer.

To add relationships of customers:

1. Click Next in the previous data segment to proceed with the next data segment, after successfully capturing the data.

   The Relationship screen appears.

   Figure 2-5 Relationship

   
   

   
   Description of "Figure 2-5 Relationship"

   
   
2. In the Relationships screen, select the appropriate relationship tab to add the details.
3. If the party is auto populated on the screen then click the party name to expand the section and add related party.
4. Click
   
   
   
   to add the party. The Add New<Relationship Type> popup appears for entering the CIF or Party ID
   
   

   
   Description of the illustration add-relationship.png

   
   
5. In the CIF/PARTY ID field, enter the CIF or party ID and click Next to add the party. OR Click
   
   
   
   to search party.

   Note:

   An existing customer of the bank can be added as related party.

6. If you search for the party then Search Party screen appears.
   
   

   
   Description of the illustration search-party.png

   
   
7. Specify the details in the relevant data fields. For more information on fields, refer to the field description table below.

   Table 2-6 Search Party – Individual

   Field	Description
   Individual	Select if the party is individual.
   Non- Individual	Select if the party is non-individual.
   First Name	Specify the first name of the party.
   Middle Name	Specify the middle name of the party.
   Last Name	Specify the last name of the party.
   Date of Birth	Specify the date of birth of the party.
   Unique ID	Specify the unique identification number of the party.
   Mobile Number	Specify mobile number of the party.
   E-mail	Specify the email address of the party.
   Minor	Specify to indicate if the party is minor.
   Fetch	Click the button to fetch the details based on the entered search criteria.
   Clear	Click the button to clear the entered details.
   Stakeholder Type	Displays the type of the stakeholder.
   CIF	Displays the CIF ID of the existing customer.
   First Name	Displays the first name of the stakeholder.
   Middle Name	Displays the middle name of the stakeholder.
   Last Name	Displays the last name of the stakeholder.
   Party ID	Displays the party ID of the existing customer who is not onboarded.
   Is Customer	Displays whether the customer exist within the bank.

   Table 2-7 Search Party – Non Individual

   Field	Description
   Non- Individual	Select if the party is non-individual.
   Business /Organization Name	Specify the business or organization name of the party.
   Registration Number	Specify the registration number.
   Registration Date	Displays the registration date.
   Fetch	Click the button to fetch the details based on the entered search criteria.
   Clear	Click the button to clear the entered details.
   Stakeholder Type	Displays the type of the stakeholder.
   CIF	Displays the CIF ID of the existing customer.
   Registration Number	Displays the registration number.
   Business /Organization Name	Displays the name of business or organization.
   Registration Date	Displays the registration date.
   Party ID	Displays the party ID of the existing customer who is not onboarded.
   Is Customer	Displays whether the customer exist within the bank.

8. Double click on the record which you want to select.
9. If you enter the CIF or Party ID in the CIF/PARTY ID field and click Next, then the Add New <Relationship type> screen appears.
   
   

   
   Description of the illustration add-guardian.png

   
   

   Table 2-8 Add New <Relationship Type> – Field Description

   Field	Description
   Relationship	Specify the relationship of the new added party with party involved in account opening application. The options are: Spouse Father Mother Daughter Guardian Son This field is not applicable for the Related to Insider.
   Preferred	Specify to indicate the added party is preferred as guardian. It is mandatory to add one Preferred party This field is not applicable for the Related to Insider.
   Party Details section	In this section you can view the details of the selected party. Below fields appears on the screen: Party Image Party Name Type Date of Birth Gender ID Type Unique ID Citizenship

10. Click Add to add as a customer. You can view the selected customer in the tabular format.

    Table 2-9 Relationship

    Field	Description
    Party Type	Displays the party type.
    CIF/ Party ID	Displays the unique identification number. For an existing customer, the CIF number is displayed. For an existing non customer, the Party ID is displayed.
    Name	Displays the name of the customer.
    ID/ Registration Number	Displays the ID or registration number of the added customer.
    Is Customer	Displays whether the added party is an existing customer within the bank.
    Action	Click delete icon the added ID details.

11. Click Next to navigate to the next data segment, after successfully capturing the data. The system will validate all mandatory data segments and data fields. If mandatory details are not provided, the system displays an error message for the user to take action. User will not be able to proceed to the next data segment, without capturing the mandatory data.