Overview Of Miscellaneous Accounts In Compliance Planet Anti Money Laundering/Core Banking Finance Software

These are suspense accounts used in transmitting funds between parties. Since they do not possess all the report schema details like the customer’s account by default, Compliance Planet offers these features for the compliance team to structure these accounts as the report schema demands and when they are involved in transactions, the software adds them to the report

The operations pertaining to miscellaneous accounts on the Compliance Planet are;

1. Bulk upload of new miscellaneous accounts

2. Bulk edit of miscellaneous accounts

3. Creation of miscellaneous accounts

4. List of miscellaneous accounts

5. List of deleted or junk miscellaneous accounts

➔ To perform any of the operations, go to the Control panel section of the planet. Check out fig. 8.2a below to see where it is located.