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  9. Close and Transfer

Close and Transfer

  • All certificates in the grace period will be displayed to the user, with options to Close & Transfer.
  • When the user selects Close & Transfer, they must choose a deposit account (e.g., savings or checking) to receive the transferred funds.

 

Below is a sample flow:

  • If the user does not have an existing deposit account, they will be required to create one before proceeding.(not in initial product scope)
  • A confirmation popup will be displayed, allowing the user to review the transfer details.

     

  • Upon clicking Submit, the available funds will be transferred from the certificate account to the selected deposit account.
  • The certificate account will be closed, and the transfer may be executed immediately or as part of a batch process.

        

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