Signatory Mandate

The Signatory Mandate Answer is used to specify the authorization arrangement for account operations, indicating who has signing authority and under what conditions.

Fields

Field	Type	Required	Description
fieldTypeId	string	Yes	Must be set to "SignatoryMandate" (from FieldTypeEnum)
signatoryMandateId	string	Yes	ID of the selected signatory mandate

Example Usage

{
  "fieldId": "b8c9d0e1-2f3g-4h5i-6j7k-8l9m0n1o2p3q",
  "answer": {
    "fieldTypeId": "SignatoryMandate",
    "signatoryMandateId": "a640b5fd-0b98-494a-a6ec-6f7f8e323ff72"
  }
}

Lookup References

This answer model requires values from the following lookup source:

Signatory Mandate Types: For valid values for the signatoryMandateId field, please refer to the Lookup API documentation and use the "SignatoryMandateEnum" lookup source.

Notes

• The signatory mandate defines the rules for account operation and transaction authorization.
• Common signatory mandate types include single signatory, joint signatories (any two to sign), specific combination of signatories, tiered authorization based on transaction amount, etc.
• The signatory mandate is particularly important for corporate accounts and accounts with multiple authorized users.
• This information affects operational processes and may influence risk assessment.
• Changes to the signatory mandate typically require formal documentation and verification.
• The signatory mandate should be consistent with the entity's governance structure and organizational policy.
• Different types of mandates may have different security implications and may require different control measures.