Automatically close Bank accounts by carrying out closure activities.
This process deals with closures of Bank Accounts through clearing pending settlements, canceling cards, closures of cheques, etc.
There can be many reasons to close the account – one of them is when the client does not provide mandatory documents.
With Robotic Process Automation (RPA), you can track those accounts and send automated notifications.
RPA can then help close accounts in case clients fail to provide KYC documents.