6.7.9 Relationship with Financial Institution

The Relationship with Financial Institution pane provides details of the relationship of the subject with the financial institutions in the report. Use this pane to view, modify, and delete the existing relationship of the subject with the financial institution associated with the report. You can also add a new relationship of the subject with a financial institution.>

Use this pane to view the list of the relationship of the subject with a financial institution associated with the selected report. You can modify the relationship details and also delete them from the list.

To manage the relationship of the subject with the financial institution, follow these steps:

1. On the Subject Information pane, go to the Relationship with Financial Institution pane. The list of the Relationship with Financial Institution is displayed.
2. To modify the relationship of the subject with a financial institution, select the required Record Number, and click Edit . The Relationship with Financial Institution window is displayed.
3. Modify the required details.
4. Click Save. A confirmation message is displayed.
5. To remove the relationship of the subject with a financial institution associated with the report, select the required Record Number and click Delete . The relationship of the subject with the financial institution associated with the report is deleted from the list.
6. Click Validate to authenticate the information that is present in the Relationship of the Subject with the Financial Institution pane. The Validate button in the Subject information tab checks for any missing mandatory information and identifies any disallowed combinations of Relationship types and the inclusion of an Action Date.
7. To add a new relationship of the subject with a financial institution, On the Relationship with Financial Institution pane, click Add . The Subject Relationship with Financial Institution window is displayed.
8. Enter the Subject Relationship with Financial Institution field details.

   Table 6-15 Relationship with Financial Institution

   Fields	Description
   Financial Institution TIN	Enter the TIN number of the financial institution.
   Relationship with Financial Institution	Select the relationship of the subject with the financial institution from the drop-down list. This field provides the following options in the drop-down list: Accountant Agent Appraiser Attorney Borrower Customer Director Employee No relationship to the institution Officer Owner or Controlling shareholder Other
   Description (Relationship type “Other”)	Enter the relationship of the subject with the financial institution. If the relationship of the subject with the financial institution is anything other than the options provided in the Relationship with Financial Institution drop-down list, then you must select Other and describe the relationship.
   Status	Select the status of the relationship of the subject with the financial institution from the drop-down list. This field provides the following options in the drop-down list: Resigned Suspended/Barred Terminated Relationshipcontinues
   Action Date	Select the date of termination of the subject related to the financial institution. NOTE: This field must be updated only if the relationship status is Terminated.

9. Click Save. A confirmation message is displayed, and a new account is added to the list.