Details
-
Improvement
-
Status: Closed
-
Major
-
Resolution: Fixed
-
None
-
None
-
None
Description
1) Amount Block: An instruction to hold/block/lien the specified amount from the account. This action has no accounting impact.
2) Amount Unblock: An instruction to remove the hold/block/lien already placed on an amount in an account. This action has no accounting impact.
3) Account Block: An instruction to block/lien the customer account. No form of operation can happen on this account until it is unblocked.
4) Account Unblock: An instruction to remove the block/lien placed on an account.
5) Freeze - Post no debit: An instruction to ensure an account cannot be debited. Please note that all other operations including credit can be performed.
6) Unfreeze - Post no debit: An instruction to lift the ban on Post No Debit (PND)
7) Freeze - Post no credit: An instruction to ensure an account cannot be credited. Please note that all other operations including can be performed.
8) Unfreeze - Post no credit: An instruction to lift the ban on Post No Credit (PNC)
9) Available/Ledger Balance: An instruction that returns the account available and ledger (book) balance.
