1.2.3 Onboarding Initiation - Financial Information

Information about the customer’s income, assets, and liability is added to the Financial Information screen.

Financial information about the customer help bank in determining the creditworthiness of the customer in a better manner.

Note:

The fields marked as Required are mandatory.

1. Click Next in the Onboarding Initiation - Stakeholder screen.
   The Onboarding Initiation - Financial Information screen displays.
2. Click and expand the Annual Income section and select the Annual Income range of the customer.
3. Click and expand the Asset Details section.
   The Asset Details screen displays.

   Figure 1-24 Initiation – Financial Information

   
   

   
   Description of "Figure 1-24 Initiation – Financial Information "

   
   

   The System displays the following options:

   • Add
   • Modify
   • Delete
4. Click Add to add the asset detail.
   The Assets screen displays.

   Figure 1-25 Assets

   
   

   
   Description of "Figure 1-25 Assets"

   
   
5. On the Assets screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 1-17 Assets – Field Description

   Field	Description
   Type	Select the asset type from the drop-down list.
   Currency	Click search icon and select the currency from the list of values.
   Total Value	Specify the total value.

6. Click Submit to add the asset details.

   Note:

   You can also select the required item from the list, and click Edit/Delete to modify/delete the added asset details.
7. Click and expand the Liabilities Details section.
   The Liabilities Details screen displays.

   Figure 1-26 Liabilities

   
   

   
   Description of "Figure 1-26 Liabilities "

   
   
8. Click Add to add the liabilities details.
   The Liabilities screen displays.

   Figure 1-27 Liabilities

   
   

   
   Description of "Figure 1-27 Liabilities"

   
   

   The following options are displayed for the liabilities:

   • Add
   • Edit
   • Delete
9. On the Liabilities screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 1-18 Liabilities – Field Description

   Field	Description
   Type	Select the type of liability from the drop-down list.
   Currency	Click search icon and select the currency from the list of values.
   Total Value	Specify the total value.

10. Click Submit to add the Liabilities.

    Note:

    You can also select the required item from the list, and click Edit/Delete to modify/delete the added asset details.
11. Click Next to move to the Interested Products screen.