Common Workflows for Core Banking
· Opening/Creating different types of account viz. Saving and Checking (CASA) and Loan Accounts Etc · Cash/ Cheque Deposits using different services at Branch by Teller, and Cash Deposit Machines for (Self / Third Party) · Cash Withdrawal, Deposits, Transfers(between linked accounts) from ATM terminals · Low-volume (NEFT) and High-volume (Real time gross settlement systems - RTGS) transactions using different Banking channels (Like Internet Banking, Mobile, IVR Etc) · Automated Clearing House (ACH) and Electronic Funds Transfer (EFT) payments · Cash/ Liquidity Management function · Stop Cheque request, Utility Bill payments, Credit card Bill Payments Etc · G/L (General Ledger) postings happening correctly/not for Book keeping and Accounting entries · PIN Change, statement request (Mini statement, and Historical statements) · Time Deposits and Recurring Deposits and Loan proce