- Main operating account
- Salary/income account
- Primary savings account
- Default transaction account
Modules & Services
Customer & Accounts
Comprehensive customer and account management system that handles individual, corporate, and group relationships with flexible account associations.
The Client Management module is the foundation of Woodcore’s banking system, handling all aspects of customer information, relationship management, and account associations. It provides a flexible framework for managing diverse customer types and their various banking relationships.
Customer Overview
Customer Overview
A single customer can be associated with multiple accounts of different types, creating a comprehensive banking relationship.
Customer Types
Customer Types
Individual Customers
Individual Customers
Individual customers are natural persons who can hold personal accounts and access retail banking services.
- Personal identification details
- Contact information
- Employment details
- Income information
- Risk profile
- Banking preferences
Corporate Customers
Corporate Customers
Corporate customers are legal entities such as companies, partnerships, and organizations.
- Business registration details
- Corporate structure
- Authorized signatories
- Business classification
- Financial statements
- Compliance documents
Group/Joint Customers
Group/Joint Customers
Group customers represent multiple individuals sharing accounts or services.
- Group structure
- Member details
- Relationship types
- Authorization levels
- Group policies
Trust Customers
Trust Customers
Trust customers represent legal arrangements where assets are held for beneficiaries.
- Trust deed details
- Trustee information
- Beneficiary details
- Trust type
- Asset management rules
Account Relationships
Account Relationships
Primary Accounts
Primary Accounts
Secondary Accounts
Secondary Accounts
- Additional savings accounts
- Investment accounts
- Special purpose accounts
- Foreign currency accounts
Joint Accounts
Joint Accounts
- Shared ownership accounts
- Multiple signatory accounts
- Family accounts
- Business partnership accounts
Beneficiary Accounts
Beneficiary Accounts
- Trust beneficiary accounts
- Estate accounts
- Minor accounts
- Power of attorney accounts
Customer Management
Customer Management
Registration Process
Registration Process
All customer registrations must comply with KYC and AML regulations.
Profile Management
Profile Management
- Update personal information
- Modify contact details
- Change preferences
- Update documentation
- Manage relationships
Account Management
Account Management
- Open new accounts
- Close accounts
- Modify account details
- Update account status
- Manage account relationships
Security & Compliance
Security & Compliance
Data Protection
Data Protection
- Encryption of sensitive data
- Access control mechanisms
- Data retention policies
- Privacy controls
Compliance Requirements
Compliance Requirements
- KYC verification
- AML monitoring
- Regulatory reporting
- Audit trails
Risk Management
Risk Management
- Customer risk scoring
- Transaction monitoring
- Fraud detection
- Compliance alerts
Integration Points
Integration Points
Internal Systems
Internal Systems
- Account management
- Transaction processing
- Loan management
- Deposit management
External Systems
External Systems
- KYC providers
- Credit bureaus
- Payment gateways
- Regulatory systems