Approving a Deposit

You can perform the approval either from a customer journey flow via API integration or from the Core Banking user interface.

After defining the relevant details of the contract, proceed to contract approval:

1. Select a contract in Draft (or Version Draft) status.

2. Change its status into Approved.
   
   

3. Click Yes to confirm your action.

   
   
   

If Core Banking performs all the validations successfully, then the current status of the contract changes to Approved.

Automated Actions After Contract Approval

The Main Bank Account is created automatically for the bank defined as Main within the Core Banking Operational > Bank menu. In order for Core Banking to generate an account number, a rule must be defined during the implementation phase (example: branch code + incremental sequence number). The amount of the deposit is automatically transferred from the specified current account of the same customer into this new account associated with the deposit contract. You can see the details of the account and its balance clicking the pencil icon next to the Main Bank Account field in the contract's Overview tab.

On the Payments tab you can see the bank account operation that was generated following the approval of the deposit contract,.

You can also check the Current Account transaction. On the contract's Overview tab, click on the pencil next to the Current Account:

In the displayed window, view the details of the current account from where the funds were transferred and its new balance.