Account opening

Step by step

1. Prepare the application Treasury Preparer

   Treasury Preparer records the applicant, organization, parent instruction and intended initial amount.

   • Ties the request to its operating scope.
   • Updates Account applications, Bank instructions, Organizations

2. Submit the revision Treasury Preparer

   Treasury Preparer supplies supporting evidence and freezes the application for independent review.

   • Preserves the version and supporting material.
   • Updates Account applications, Record attachments

3. Decide the request Independent Treasury Approver

   Independent Treasury Approver reviews the submitted revision and records approval or rejection with a reason.

   • Records an independent decision before status changes.
   • Updates Review decisions, Account applications
   ApprovalA person approves before the work moves on.

4. Follow the provider Treasury Preparer

   Treasury Preparer retains the provider application identifier and waits for the actual provider outcome.

   • Maintains the provider's application reference.
   • Updates Account applications, Operation receipts

5. Record completion Treasury Preparer

   Treasury Preparer marks the application completed only after provider authority is observed.

   • Separates provider authority from internal approval.
   • Updates Account applications

Treasury Preparer

Prepares and follows the provider; Independent Treasury Approver decides; Auditor inspects the trail.