1.4.5 Unit Holder Creation

This topic describe about the creation of unit holder in FCIS.

In FCIS, a unit holder account can be created for a customer record maintained in Oracle FCUBS.

While creating a unit holder account, you can validate the customer's account details using the Validate button provided on the screen. You need to specify the branch code and account number in the Account Details tab of the Unit Holder Maintenance screen and then click Validate button.

On clicking the Validate button, the FCIS system will trigger a service request to FCUBS to inquire about the account details. Following validations are applicable.

• The specified bank account number is valid for the primary CIF.
• The holding pattern of the bank account (single/joint) is the same as the unit holder holding pattern (single/joint) with relevant CIF.

If the validation is successful, the FCIS system will populate the following details on the screen:

• Account Type
• Account Name
• Account Currency

Note:

The above validation is applicable only to the account numbers belonging to the bank whose entity ID is maintained in sttm_bank. The details of SWIFT and IBAN will not be automatically updated even after successful validation. You need to update them at the unit holder level manually.

The system also validates the holding pattern when you save the unit holder details.

Data Exchange

Table 1-7 Data Exchange

Source System	Target System	Operation	Action	Communication Channel	Webservice/ Notification Name	Synochronous/ Asynchronous
FCIS	FCUBS	Settlement customer account validate	Query	Source - Http request from JS Target - Webservice	FCUBSAccService	Synchronous