Mandate Opening Process

Introduction

This guide explains how to create and manage mandates in the Reluna platform. It provides step-by-step instructions along with key details to help you make the most of the platform.

Click here to view more about profile configuration.

What is a Mandate

A Mandate is a contract for the provision of services, where all conditions and rates are fixed.

• A mandate can only be assigned to an Account.

• One Account may have multiple mandates.

Creating a Mandate

Before creating a mandate, make sure the Account is already added to the platform.

👉 See how to Create and Manage an Account
👉 Step-by-step guide: Create a Mandate
👉 Step-by-step guide: Manage Authorized Persons

Managers can also create a new Authorized Person while setting up mandates.