EK381342 Account Closing

8/13/2019 EK381342 Account Closing

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EQUATION

ACCOUNT CLOSING

K381

ENHANCEMENTNOTES

EK381342.DOC


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All rights resere!. N" #$rt "% this !"&'(e)t ($* +e tr$)s(itte!, re#r"!'&e! "r st"re! i) $)* retrie$ls*ste( "% $)* )$t're i) $)* %"r( "r +* $)* (e$)s -hether !igit$l, ele&tr")i&, (e&h$)i&$l "r"ther-ise, -ith"'t the #ri"r -ritte) #er(issi") "% Mis*s I)ter)$ti")$l $)/i)g S*ste(s Lt!, t" -hi&h$##li&$ti") %"r s'&h #er(issi") sh"'l! +e $!!resse!.

Iss'e!0 22 D"&'(e)t IDersi")0 EK381342.DOC2

This ($)'$l $##lies t" ersi") 3. "% E5'$ti") $)! $ll s'+se5'e)t ersi")s $)! ("!i%i&$ti") leels')less "ther-ise i)!i&$te! i) )e- e!iti")s.

This !"&'(e)t ($* )"t re%le&t the t"t$l s*ste( &$#$+ilit* $t $)* #$rti&'l$r ti(e. It is $ls" #"ssi+le th$tthis !"&'(e)t ($* &")t$i) re%ere)&es t" %$&ilities th$t $re )"t $$il$+le ") *"'r &"(#'ter s*ste(.S'&h re%ere)&es ('st )"t +e &")str'e! t" (e$) th$t these %$&ilities -ill )e&ess$ril* +e ($!e $$il$+le") $ll t*#es "% &"(#'ter s*ste( "r i) $ll l"&$ti")s.

This #'+li&$ti") ($* +e s'+6e&t t" ("!i%i&$ti") $)! ($* &")t$i) te&h)i&$l i)$&&'r$&ies "rt*#"gr$#hi&$l err"rs.

This !"&'(e)t ($* &")t$i) e7$(#les "% !$t$ $)! re#"rts 'se! i) )"r($l +$)/i)g "#er$ti")s. T"ill'str$te the( $s &"(#letel* $s #"ssi+le, the e7$(#les i)&l'!e the )$(es "% i)!ii!'$ls, &"(#$)ies$)! +$)/s. A#$rt %r"( s"(e ge)'i)e +$)/ )$(es these )$(es $re %i&titi"'s $)! $)* si(il$rit* t" the)$(es $)! $!!resses "% $)* i)!ii!'$ls "r &"(#$)ies is &"i)&i!e)t$l. N")e "% the !e$ls "r

tr$)s$&ti")s sh"-) rel$te t" re$l !e$ls -hi&h these "r "ther +$)/s ($* h$e tr$)s$&te!.

T" e)$+le l$ter e!iti")s "% this ($)'$l t" #r"i!e i(#r"e! i)%"r($ti") -e -el&"(e *"'r ie-s.le$se $!!ress *"'r &"((e)ts t" *"'r l"&$l Mis*s I)ter)$ti")$l $)/i)g S*ste(s Lt! "%%i&e.

C"#*right 9 Mis*s I)ter)$ti")$l $)/i)g S*ste(s Lt!, 22


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Contents

C")te)ts.................................................................................................................................................. i

Ch$#ter 1I)tr"!'&ti")............................................................................................................................................ 1

Oerie-................................................................................................................................... 1

Ch$#ter 2Cl"si)g $) A&&"')t................................................................................................................................ 3

A!!M$i)t$i) A& Cl"s're User C"!es :MAU;...........................................................................4Cl"se C'st"(er A&&"')t :CLA;................................................................................................

U#") Cl"s're.............................................................................................................1es#")ses0 YES A)*$&&"')t &l"s're &")%ir($ti")s -hi&h -ere#r"!'&e! t"!$*, +'t -hi&h h$e )"t +ee)#ri)te! ($)'$ll* !'ri)g the !$* 'si)g thePrint Account Closure Confirmation (!C""#ti"), $re #ri)te! $'t"($ti&$ll* $t e)! "%!$*. This is the !e%$'lt.

#$ A&&"')t &l"s're &")%ir($ti")s $re

)"t #ri)te! $'t"($ti&$ll* $t e)! "% !$*.

T" ($i)t$i) &")tr"l s*ste( t$il"ri)g "#ti")s, sele&t KMENU1 "#ti") %.See the $&eratingGuide %"r the 'se "% this "#ti").

Equation Account Closing 2002 '


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Chapter 2Closing an Account

This se&ti") !es&ri+es h"- this e)h$)&e(e)t "#er$tes $)! the )e- %')&ti")s th$t it#r"i!es.

B"' &$) 'se the AddMaintain Ac Closure User Codes (MAU" "#ti") t" s#e&i%* -hi&he7isti)g 'ser &"!es $)! 'ser!e%i)e! s#e&i$l &")!iti")s $re t" +e &he&/e! $)! !e$lt -ith-he) $ &'st"(er ("e(e)t $&&"')t is &l"se!. A)* "% 'ser &"!es C1C< $)! 1< $)!$)* 'ser!e%i)e! s#e&i$l &")!iti")s &$) +e s#e&i%ie!. Use this %')&ti") $ls" t" ie- -h$t&"!es $)! s#e&i$l &")!iti")s $re &'rre)tl* s#e&i%ie!.

C1C< $re +$)/!e%i)e! t-"&h$r$&ter 'ser &"!es, $)! 1< $re +$)/!e%i)e! three&h$r$&ter 'ser &"!es. See the Planning and )ailoring Guide %"r the 'se "% these &"!es.The* $re $ssig)e! t" $) $&&"')t 'si)g the Maintain Customer Account $t*er +etails(MA$"%')&ti"), -hi&h is !es&ri+e! i) the +ata Management User Guide.

S#e&i$l &")!iti") )'(+ers SC8 t" SC8, SC? t" SC? $)! SC1 t" SC1 $reresere! %"r 'ser!e%i)e! s#e&i$l &")!iti")s. See the +ata Management User Guide %"r!et$ils.

="r e7$(#le, these 'ser &"!es $)! 'ser!e%i)e! s#e&i$l &")!iti")s &"'l! +e 'se! t" &he&/-hether the &'st"(er h$s $)* "% the %"ll"-i)g0

A &re!it &$r! %r"( the +$)/

A !e+it &$r! %r"( the +$)/

A s$%et* !e#"sit +"7

Ite(s hel! i) s$%e &'st"!*

The Close Customer Account (C,A" %')&ti") is 'se! t" &l"se $ &'st"(er ("e(e)t$&&"')t. he)eer it is 'se!, it &he&/s t" see -hether $)* "% 'ser &"!es C1C


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Add/Maintain A/c Closure User Codes (MAU)

This "#ti") $ll"-s *"' t" s#e&i%* 'ser &"!es $)!"r 'ser!e%i)e! s#e&i$l &")!iti")s -hi&h$re t" +e highlighte! -he) the Close Customer Account %')&ti") is 'se! t" &l"se $&'st"(er $&&"')t. he) *"' sele&t this "#ti"), the s&ree) sh"-) i) the %"ll"-i)gill'str$ti") is !is#l$*e!.

I33MMR E3A MAINT Add/Maintain A/c Closure User Codes 04 JAN 2006

C1 user code . . . . . . . . AA A !! !!C2 user code . . . . . . . . 1 !! !! !! !!C3 user code . . . . . . . . "1 !! !! !! !!C4 user code . . . . . . . . AJ "# !! !! !!C$ user code . . . . . . . . N% !! !! !! !!

&1 user code . . . . . . . . 024 0'$ !!! !!! !!!&2 user code . . . . . . . . 001 !!! !!! !!! !!!&3 user code . . . . . . . . 001 !!! !!! !!! !!!&4 user code . . . . . . . . 040 !!! !!! !!! !!!&$ user code . . . . . . . . '60 !!! !!! !!! !!!

()ecial conditions . . . . . 0*0 0*1 160 !!! !!!

+1,-el) +3,Eit +4,&ro)t +$,eri +12,&reious

This s&ree) !is#l$*s e7isti)g 'ser &"!es $)! s#e&i$l &")!iti")s set '# $g$i)st the $&&"')t.B"' &$) $!! t" the list "r "ert*#e "r !elete :+* +l$)/i)g "'t; e7isti)g e)tries. A)* s#e&i$l&")!iti")s ('st +e i) the r$)ge SC8SC? "r SC1SC1.

Equation Account Closing 2002 -


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Closing an Account

I% *"' #r"(#t ") $)* "% the Special conditions %iel!s, the Special Conditions#r"(#ts&ree) is !is#l$*e!, $s sh"-) i) the ill'str$ti") ") the %"ll"-i)g #$ge.

#'R01R E3A &RM&T ()ecial Conditions 04 JAN 2006

(C No. #escri)tion 5 5

0*0 EM&"7EE ACCUNT

0*1 RE+ER C-AN8E( T MANA8ER 0*2 RE+ER C-AN8E( T -EA# ++ICE 160 (A+E #E&(IT 9 E9I(T( 161 AN%:I((UE# CRE#IT CAR# -E"# 162 #EIT CAR# -E"#

+1,-el) +3,Eit )ro)tin; +',ac


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Closing an Account

Close Customer Account (CA)

B"' &$) 'se this "#ti") t" &l"se $) $&&"')t !'ri)g +'si)ess h"'rs. This %')&ti") e)$+les*"' t" ie- rele$)t i)%"r($ti") $+"'t the $&&"')t +e%"re &l"si)g it. B"' $re i)%"r(e! i%$)* "% %"ll"-i)g &")!iti")s e7ist th$t (ight #ree)t the $&&"')t +ei)g &l"se!0

A)* s*ste(rel$te! &")!iti")s A)* "% the +$)/s#e&i%ie! $&&"')t $li!$ti") &")!iti")s !e%i)e! 'si)g the

AddMaintain Ac Closure User Codes (MAU" %')&ti")

I% $)* s'&h &")!iti")s !" e7ist, *"' ('st !e$l -ith the( +e%"re the $&&"')t &$) +e &l"se!.I% )" s'&h &")!iti")s e7ist, the $&&"')t is &l"se! $)! %i)$l $&&"')ti)g e)tries re5'ire! t"settle the $&&"')t $re #"ste! $'t"($ti&$ll*.

B"' &$) re5'est th$t the %"ll"-i)g &'st"(er !"&'(e)ts +e #r"!'&e!, i% re5'ire!

A %i)$l st$te(e)t "% $&&"')t

A) A&&"')t Cl"s're C")%ir($ti")

he) *"' sele&t this "#ti"), the Close Customer Account i)iti$l s&ree) is !is#l$*e!, $ssh"-) i) the %"ll"-i)g ill'str$ti").

I34CMR E3A #E"ETE Close Custoer Account 04 JAN 2006Account nu>er . . . . . 0132 01200* *0?

or

Custoer . . . . . . . . !!!!!! !!!

Account sui . . . . . !!!

ranc@ . . . . . . . . . !!!! "eae >lan< or deaultB

+undin;/Receiin; A/c . . !!! !!!!!! !!!

#r transaction code . . . !!!Cr transaction code . . . !!!(tateent reuired . . . 7 7DNConiration reuired . . 7 7DNC@ar;e . . . . . . . . . !! !!!!!!!!!!!!!!!Recalculate c@ar;es . . . 7 7DN+1,-el) +3,Eit +4,&ro)t +$,eri +12,&reious

I% the $&&"')t h$s the Ch$rges A##l* s#e&i$l &")!iti") SC11 set ") $)! &h$rges $re$-$iti)g #"sti)g, the s&ree) is re!is#l$*e! -ith $ll %iel!s #r"te&te! $)! the !ecalculatecharges%iel! is #rese)t.

Account num"er This is "#ti")$l. I% +l$)/, the $&&"')t )'(+er -ill +e !erie! %r"(the e)tries %"r Customer, Account su##i$$)! %ranch.

The $&&"')t ('st +e "% str'&t're M. It ('st )"t $lre$!* +e &l"se!"r &l"si)g, $)! ('st )"t +e ")e "% the %"ll"-i)g0

I)ter)$l $&&"')t

>e#$*(e)t C")tr"l $&&"')t

Ter( $&&"')t

E7&h$)ge $&&"')t

I)terest >$te S-$# $&&"')t

="r-$r! >$te Agree(e)t $&&"')t

M$r/et$+le Se&'rities $&&"')t

S-$# $&&"')t

A&&"')ts "% these t*#es ('st +e &l"se! +* 'si)g the Customer

Equation Account Closing 2002


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Closing an Account

Account S&ecial Conditions (ASC"%')&ti") t" set ") the A&&"')tCl"si)g s#e&i$l &")!iti") :SC3;. See the +ata ManagementUser Guide%"r this %')&ti").

Customer Use this %iel! t" i!e)ti%* the &'st"(er t" -h"( the $&&"')t t" +e&l"se! +el")gs. The %iel! ('st +e +l$)/ i% the Account num"erise)tere!.

Account su##i$ This is "#ti")$l. M'st +e +l$)/ i% the Account num"eris e)tere!.M'st +e e)tere! i% Customeris e)tere!.

%ranch This is "#ti")$l. M'st +e +l$)/ i% the Account num"eris e)tere!. I%le%t +l$)/, this -ill !e%$'lt t" the 'sers !e%$'lt +r$)&h.

&unding/!eceivingA/c

This is the $&&"')t0

I)t" -hi&h $ #"sitie %i)$l +$l$)&e "% the &l"se! $&&"')t -ill +e

#$i!

=r"( -hi&h $ )eg$tie %i)$l +$l$)&e "% the &l"se! $&&"')t -ill

+e re&"'#e!

This $&&"')t ('st )"t +e the $&&"')t -hi&h is +ei)g &l"se!, $)!('st )"t +e i)$&tie, +l"&/e! "r &l"se!. It ($* +e $)"ther&'st"(er $&&"')t. It ($* $lter)$tiel* +e $) i)ter)$l s's#e)se$&&"')t, %"r e7$(#le i% the &'st"(er is settli)g $ )eg$tie %i)$l+$l$)&e -ith &$sh, "r is re&eii)g $ #"sitie %i)$l +$l$)&e $s $&he5'e. B"' &$) #r"(#t ") this %iel! t" see $ list "% $li! $&&"')ts.

'r transaction code The tr$)s$&ti") &"!e 'se! ") !e+it $&&"')ti)g e)tries ge)er$te!") &l"s're "% the $&&"')t.

Cr transaction code The tr$)s$&ti") &"!e 'se! ") &re!it $&&"')ti)g e)tries ge)er$te!") &l"s're "% the $&&"')t.

Statement reuired Y A &l"si)g st$te(e)t -ill +e $'t"($ti&$ll* #r"!'&e!. This is the

!e%$'lt

# N" &l"si)g st$te(e)t -ill +e #r"!'&e!

Con#irmation Y A &l"s're &")%ir($ti") -ill +e $'t"($ti&$ll* #r"!'&e!. This isthe !e%$'lt

# N" &l"s're &")%ir($ti") -ill +e #r"!'&e!

Charge These $re "#ti")$l. I% either %iel! is 'se!, $) e7isti)g &h$rge &"!e$)! $ &h$rge $("')t ('st +"th +e e)tere!

The &h$rge &"!e i!e)ti%ies the &h$rge &"!e #$r$(eters th$t -ill +e'se! t" ($/e #"sti)gs t" the &'st"(ers $&&"')t $)! t" the +$)/s#r"%it $)! l"ss $&&"')ts.

!ecalculate charges This %iel! is !is#l$*e! i% the $&&"')t h$s the Ch$rges A##l* s#e&i$l&")!iti") :SC11; set ") $)! &h$rges $re $-$iti)g #"sti)g. I% *"'set this t" Y, E5'$ti") -ill %irst iss'e $ -$r)i)g (ess$ge $)! the),i% this -$r)i)g (ess$ge is "erri!!e), !is&$r! $)* &h$rges $-$iti)g#r"&essi)g $)! re&$l&'l$te &h$rges t" !$te.

I% *"' set this t" #, the) the &h$rges $-$iti)g #"sti)g -ill +e 'se!i)ste$!.

Equation Account Closing 2002 /


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Closing an Account

ress Enter$)! the %"ll"-i)g !et$il s&ree) -ill +e !is#l$*e!.

I34CMR E3A #E"ETE Close Custoer Account 04 JAN 2006Account 0132:01200*:*0? arraclou;@ JAccount t)e CA Current Account A/c Cc 8&MR J ARRAC"U8-3'? -ARUR "ANE&"E

#R(ET &"1$ 2# Aountalance 0.00

! Net credit interest 0.00! Net de>it interest 0.00

Clearin; toda 04JAN06 3D??$.00Clearin; N# 0$JAN06 $0.00:Clearin; ater 0$JAN06 200.00"ocal c@eues 0.00

! Non:accrual interestD )enalt 0.00! C@ar;es to:date 0.00! Resered >alance 0.00

Closin; >alance 4D14$.00

+1,-el) +3,Eit +$,Reres@ +12,&reious 1,(elect

et credit interest The )et &re!it i)terest ") the $&&"')t. This is $'t"($ti&$ll*&$l&'l$te! $s the s'( "% &re!it i)terest $&&r'e! $)! &re!it i)terest$!6'ste!, (i)'s t$7 ") i)terest

I% *"' sele&t this ite(, the Maintain Customer Account nterest(MC" %')&ti") is !is#l$*e!, e)$+li)g *"' t" ($i)t$i) the i)terest$("')t. See the +ata Management User Guide %"r !et$ils "% this%')&ti")

This e)$+les *"' t" &h$)ge the &re!it i)terest #$*$+le, %"re7$(#le -here it is l"&$l #r$&ti&e t" -$ie &re!it i)terest ")&l"si)g $&&"')ts "r t" i(#"se $ #e)$lt*

This is ")l* !is#l$*e! i% the $&&"')t is i)terest+e$ri)g $)! theC$l&'l$te Cre!it I)terest s#e&i$l &")!iti") :SC1; is set ") %"rthe $&&"')t

et de"it interest The )et !e+it i)terest ") the $&&"')t. This is $'t"($ti&$ll*&$l&'l$te! $s the s'( "% !e+it i)terest $&&r'e! $)! !e+it i)terest$!6'ste!

I% *"' sele&t this ite(, the Maintain Customer Account nterest(MC" %')&ti") is !is#l$*e!, e)$+li)g *"' t" ($i)t$i) the i)terest$("')t. See the +ata Management User Guide %"r !et$ils "% this%')&ti")

This e)$+les *"' t" &h$)ge the !e+it i)terest #$*$+le, %"re7$(#le -here it is l"&$l #r$&ti&e t" -$ie !e+it i)terest ")&l"si)g $&&"')ts "r t" i(#"se $ #e)$lt*

This is ")l* !is#l$*e! i% the $&&"')t is i)terest+e$ri)g $)! theC$l&'l$te De+it I)terest s#e&i$l &")!iti") :SC1


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Closing an Account

See theAccount Services User Guide %"r !et$ils "% this %')&ti")

on*accrualinterest+ penalt,

A)* )")$&&r'$l i)terest "r #e)$lt* !'e t" !$te ") this $&&"')t.This %iel! is !is#l$*e! ")l* i% the M"e(e)t A&&"')t Deli)5'e)&*e)h$)&e(e)t is i)st$lle!.

I% *"' sele&t this ite(, theAdd #on1accrual Adustment (A#A"%')&ti") is !is#l$*e!, e)$+li)g *"' t" ($i)t$i) the )")$&&r'$l

$("')t. See the Movement Account +elinquenc3 4%!0En*ancement #otes %"r !et$ils "% this %')&ti").

!eserved "alance A)* resere! +$l$)&e !e%i)e! %"r the $&&"')t.

I% *"' sele&t this ite(, the Maintain+elete Account 5olds (MA5"%')&ti") is !is#l$*e!, e)$+li)g *"' t" ($i)t$i) the resere!+$l$)&e $("')t. See theAccount Services User Guide %"r !et$ils"% this %')&ti").

Closing "alance The &l"si)g +$l$)&e "% the $&&"')t is $'t"($ti&$ll* &$l&'l$te! $sthe s'( "%0

$l$)&e $t &l"se "% +'si)ess

Net &re!it i)terest

Net !e+it i)terest

Net &h$rges !'e t" !$te

A&&"')t &l"s're &h$rge

A("')t &le$ri)g t"!$*

A("')t &le$ri)g )e7t +'si)ess !$*

A("')t &le$ri)g $%ter )e7t +'si)ess !$*

Equation Account Closing 2002 6


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Closing an Account

he) *"' #ress Enter, i% )" &")!iti")s e7ist th$t #ree)t the $&&"')t %r"( +ei)g &l"se!,the) it is &l"se!. H"-eer, i% $)* $&&"')t &l"s're $li!$ti") &")!iti")s e7ist %"r the$&&"')t, the %"ll"-i)g se&")! !et$il s&ree) is !is#l$*e!.

I34CMR E3A #E"ETE Close Custoer Account 04 JAN 2006Account 0132:01200*:*0? arclas an< " Eternal a/cAccount t)e CA Current Account A/c Cc 8&

Non closure condition! AA Credit ratin;! User code 2 al 1! 0'1 (to))ed C@eues -eld! 10' Real:Tie alance rder -eld! 160 (ae de)osit >o eists! 1'3 alance rder -eld! C@eue >oout not all )resented! C@eue >oout not issued! Account is su>ect o a reseration 100000! Account is su>ect o a custoer >orro=in;! Account is su>ect o a countr >orro=in;! Account is a noinated interest account! Account is )art o )ostin; rule C& &(TIN801 101 F

+1,-el) +3,Eit +$,Reres@ +',ac


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Closing an Account

0eld The Cancel :alance $rder (C:$"s&ree) is !is#l$*e! %"r *"'t" &$)&el the e)!"%!$* +$l$)&e "r!er.

1. 'iar, otes 0eld The Cancel +iar3 #ote (C+#"s&ree) is !is#l$*e! %"r *"' t"&$)&el the !i$r* )"te.

1 Su"6ect O# A%alance Order

The Maintain :alance $rder (M:$"s&ree) is !is#l$*e! %"r*"' t" !elete the $&&"')t $s $ %')!i)g "r re&eii)g $&&"')t %"r

the +$l$)&e "r!er.

A)* "% the s#e&i$l &")!iti")s s#e&i%ie! 'si)g the AddMaintain Ac Closure User Codes%')&ti") $re !is#l$*e! i% the* $##l* t" this $&&"')t. I% *"' sele&t ")e "% these s#e&i$l&")!iti")s, the Customer Account S&ecial Conditions (ASC"s&ree) is !is#l$*e!.

>e%er t" the +ata Management User Guide %"r !et$ils "% the C'st"(er A&&"')t S#e&i$lC")!iti")s %')&ti").

Cheue "oo4sissued "ut not allcheues presented

This is !is#l$*e! i% the E7te)!e! Che5'e r"&essi)g $##li&$ti")is i)st$lle!, $)! $ &he5'e +""/ h$s +ee) iss'e! ") the $&&"')t+'t )"t $ll its &he5'es h$e +ee) #rese)te!. I% *"' sele&t thisite(, the C*eque :oo; Status tended C*eque Processing User Guide %"r !et$ils "%the C*eque :oo; Status


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Closing an Account

AddMaintain ,imit


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Closing an Account

AddMaintain Clean Pa3ment )em&late%')&ti").

Uncleared itemse$ist

This %iel! is !is#l$*e! i% $)* ite(s &le$ri)g $%ter t"!$* e7ist. I% s",$ -$r)i)g (ess$ge is !is#l$*e!, -hi&h *"' &$) "erri!e +*#ressi)g 72-8$verride.

Account hasoutstanding #uture

movements

This %iel! is !is#l$*e! i% the $&&"')t h$s $)* %'t're ("e(e)ts"'tst$)!i)g. De#e)!i)g ") the t*#e "% ("e(e)t, i% *"' sele&t

this ite( ")e "% the %"ll"-i)g %')&ti")s -ill +e !is#l$*e!0

+eal Settlement Maintenance (+S" %"r $ %"reig) e7&h$)ge

!e$l, (")e* ($r/et !e#"sit "r l"$), "#ti") !e$l, "r %"r $&"((er&i$l l"$). See the 7oreign E>c*ange Mone3 Mar;etUser Guide $)! the Commercial ,ending User Guide %"r!et$ils "% this %')&ti")

Maintain


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Closing an Account

AddMaintain Ac Closure User Codes1 MAU") #$ge 4 %"r!et$ils.

I% *"' sele&t this ite(, the Maintain Customer Account $t*er+etails (MA$"%')&ti") is !is#l$*e! %"r *"' t" $(e)! the 1e%er t" the +ata Management UserGuide %"r !et$ils "% this %')&ti"). Alter)$tiel*, *"' &$) "erri!ethis &")!iti") +* #ressi)g 72-8$verride.

'- Equation Account Closing 2002


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Closing an Account

Upon Closure

I% )" err"rs $re !ete&te! $)! $)* -$r)i)gs ge)er$te! h$e +ee) "erri!!e)0

The rele$)t #"sti)gs -ill +e ($!e t" set the &l"si)g +$l$)&e "% the $&&"')t t" Fer".

See the l$ter se&ti")Accounting Entries Generated") #$ge 18 %"r !et$ils

The A&&"')t Cl"si)g s#e&i$l &")!iti") :SC3; -ill +e set ") %"r the $&&"')t

I% $ st$te(e)t is re5'ire!, $ st$te(e)t re5'est -ill +e $'t"($ti&$ll* ge)er$te!

I% $) A&&"')t Cl"s're C")%ir($ti") is re5'ire!, $) $&&"')t &l"s're &")%ir($ti")

re5'est -ill +e $'t"($ti&$ll* ge)er$te!

The Ch$rges A##l* s#e&i$l &")!iti") :SC11; -ill +e set "%%, #ree)ti)g $)* %'rther

&h$rges %r"( +ei)g &$l&'l$te! %"r the $&&"')t !'ri)g "er)ight #r"&essi)g

Equation Account Closing 2002 '


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Closing an Account

Account Closure Con#irmation

The A&&"')t Cl"s're C")%ir($ti") e)$+les *"'r +$)/ t" iss'e the &'st"(er -ith $!"&'(e)t !et$ili)g the &l"si)g +$l$)&e !et$ils "% the $&&"')t.

A&&"')t Cl"s're C")%ir($ti")s ($* +e #r"!'&e! #r"gressiel* thr"'gh"'t the !$*, "r $s

#$rt "% the e)! "% !$* #r"&essi)g %"r $ll the !$*s tr$)s$&ti")s. The !$*s &")%ir($ti")s &$)$ls" +e re#ri)te! $t e)! "% !$*.

Availa"le &ields

The A&&"')t Cl"s're C")%ir($ti") h$s $ si)gle 'ser!e%i)$+le ('ltil$)g'$ge %"r($t.

All the !$t$+$se %iel!s !e%i)e! i) the %"ll"-i)g sele&ti") re&"r!s $re $$il$+le %"r #ri)ti)g") $ A&&"')t Cl"s're C")%ir($ti")0

A&&"')t sele&ti") re&"r!

C'st"(er sele&ti") re&"r!

r$)&h sele&ti") re&"r!

A&&"')t &l"s're sele&ti") re&"r!

See the


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Closing an Account

A C C U N T C " ( U R E C N + I R M A T I N

$':$* RU((E"" (GUARE #ate : 04JAN06

"N#N

HC1 4- Account t)e : CURRENT ACCUNT

Currenc : &UN#( (TER"IN8

Account no : 1300:1234$6:003

To : Nort@ (ea il &"C

220 &rinces (treet

Edin>ur;@

E-2 2C

7our account =it@ us =as closed toda =it@ t@e ollo=in; >alance

alance 1D000D000.00

Net CR interest 100D000.00

Net #R interest 0.00

Clearin; toda 04JAN06 2$0D000.00

"ocal c@eue 0.00

Clearin; N# 0$JAN06 2$0.00

Clearin; ater 0$JAN06 0.00

C@ar;es due to date 2$.00 :

Resered >alance 0.00

Closin; >alance 1D3$0D22$.00

7ours ait@ull

%E"TIC CIT7 RANC-

::::::::::::::::::::::::::::::

Aut@orised si;nature

Equation Account Closing 2002 '/


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Closing an Account

3rint Account Closure Con#irmation (8C)

A) A&&"')t Cl"s're C")%ir($ti") is #r"!'&e! ") the !$* th$t $ &'st"(er ("e(e)t$&&"')t is &l"se!, i% the Con#irmation %iel! ") the Close Customer Accounti)iti$l s&ree) isset t" Y.

These &")%ir($ti")s &$) +e #ri)te! !'ri)g the !$* 'si)g the "#ti") Print Account Closure

Confirmation (!C". I% C")tr"l S*ste( T$il"ri)g "#ti") 3


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Appendi$User :$it 3rogram I5.CMT A 1 r"(#t %l$g :I)#'t; Y

#

C$lle! i) #r"(#t ("!e

C$lle! )"t i) #r"(#t("!e

SC>N N 1 S&ree) )'(+er:I)#'t;

'9 % C'rre)t s&ree) )'(+er

@MODE A 1 r"&essi)g ("!e:I)#'t;

+

B

D$t$ !e%$'lti)g&h$)gi)g ("!e

D$t$ $li!$ti)g ("!e

DSE@IT A 4 D$t$ str'&t're:I)#'t>et'r)e!;

I)#'t&$#$+le s&ree) %iel!s

Equation Account Closing 2002 '6


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r"gr$( ("!e @=CT -ill $l-$*s +e +, si)&e the #r"gr$( is 'se! ")l* -he) &$)&elli)g$) $&&"')t. A !'((* &$ll is ($!e t" i)"/e the 'ser e7it #r"gr$( th's %'rther #r"&essi)gis )"t )ee!e! i% I34C@@ is &$lle! -he) @=CT is .

The #r"(#t %l$g s#e&i%ies -hether I34C@@ is &$lle! i) #r"(#t ("!e "r )"t.

The s&ree) )'(+er s#e&i%ies the &'rre)t s&ree) "% the Close Customer Account (C,A"%')&ti") +ei)g #r"&esse!. O)l* the i)iti$l s&ree) :'; $)! the se&")! !et$il s&ree) :%; $rerele$)t %"r 'ser e7it #r"&essi)g.

r"&essi)g ("!e s#e&i%ies -hether the 'ser e7it #r"gr$( is +ei)g &$lle! t" !e%$'lt&h$)ge!$t$, "r t" $li!$te !$t$.

'S: C")%ir($ti") re5'ire! %l$g ? I ? ?CCD Ch$rge &"!e 1 I ?1 ?2CAM Ch$rge $("')t 11 I ?3 1=11 =')&ti") /e* =1 %l$g %"r &l"si)g

$&&"')tH 124 124

=12 =')&ti") /e* =1 %l$g %"r %')!i)g$&&"')t

H 12< 12it Program %-C

Using I5.CN set t" %

I) these &ir&'(st$)&es the #r"gr$( is 'se! t" &he&/ 'ser!e%i)e! )")&l"s're &")!iti")s$)! se)! these $s (ess$ges t" the E5'$ti") A&&"')t Cl"si)g #r"gr$(. I)!i&$t"rs $re )"t)e&ess$ril* #$sse!. This &")!iti") restri&ts $)* !$t$ %iel! !e%$'lts "r &h$)ges +* the 'sere7it #r"gr$(.

The 'ser e7it #r"gr$( &$) either iss'e E5'$ti") KSM (ess$ges "r )e- USM (ess$ges.See the )e7t se&ti"),Adding USM Messages, %"r !et$ils "% USM (ess$ges. The te7ts "%these (ess$ges %"r( #$rt "% the )")&l"s're &")!iti")s $)! $re re%le&te! ") the thir!s&ree) "% the Close Customer Account (C,A" %')&ti"). C")!iti")s -ith seerit* "% $)! 1$re $ll"-e! t" +e "erri!!e).

Adding USM MessagesI% 'si)g I34C@@ either t" $li!$te !$t$ "r t" $!! )e- )")&l"s're &")!iti")s, *"' -ill )ee!t" s#e&i%* -h$t (ess$ges it -ill iss'e t" the 'ser. Either the #r"gr$( &$) iss'e e7isti)gKSM (ess$ges, "r *"' &$) s#e&i%* )e- USM (ess$ges. All (ess$ges +egi))i)g -ithUSM h$e +ee) resere! %"r &'st"(er 'se. I% )e- USM (ess$ges $re re5'ire!, $!! the(t" the KSMMSG= %ile 'si)g the UTM11C 'tilit*, $s !es&ri+e! i) the 4062 ntegratorsD)ec*nical Pac;age En*ancement #otes.

All"&$te $ seerit* leel "% 2 %"r err"r, 1 %"r -$r)i)g "r %"r i)%"r($ti") t" e$&h(ess$ge. Mess$ges -ith $ seerit* "% $)! 1 $re $ll"-e! t" +e "erri!!e), th"se -ith $seerit* "% 2 &$))"t +e.

22 Equation Account Closing 2002


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Inde$

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EK381342 Account Closing