CIF Step 5 : Suspending the CIF ID in Finacle

Suspending the CIF ID in Finacle Using CIFMD / CMRC

CIF ID can be Suspend for following reasons in DOP

1. Death cases
2. Account Opened incorrectly

CIFMD / CMRC

Operator Process

• Operator can Invoke the menu called CIFMD / CMRC to modify the CIF ID as Suspend.
• Select the Function S - Suspend then enter CID IF which is going to Suspend.
• Select the Reason code to Suspend CIF ID.

1. Account Holder Deceased
2. Account Opened incorrectly
3. AML Required
4. Attachment Order
5. Bad & Doubtful
6. Blacklist Customer
7. Court Order
8. Criminal
9. Compliance Reasons

• Click on GO using Mouse / Press F4 using Keyboard to move the result page.

Supervisor process

Suspended CIF ID has to be verified by the Supervisor using Menu

CIFMD / CMRC

• Select the Function V - Verify and enter the CIF ID then Press on GO button

Detailed CIF Creation Process in DOP finacle

Step 1 : Check Duplication in CIF Click Here

Step 2 : Create a new CIF in Finacle Click Here

Step 3 : Modification in CIF of Finacle Click Here

Step 4 : Merger of CIF in DOP Finacle Click Here

Step 5 : Suspending of CIF in DOP Finacle Click Here

CIF Creation in Short Note in DOP Finacle