Use this API to create a retail dependent savings account for an eligible primary account holder.

This API creates a new dependent customer profile, a dependent mobile banking login, and a dependent savings account linked to the primary account holder.

The dependent has a separate identity, separate mobile login, and a separate account ledger. The dependent account remains linked to the primary account holder, and only the primary account holder can control actions such as funding and deallocation.

If the dependent is over 18 years old, the created user is returned in SUBMITTED_AND_PENDING_APPROVAL status until review is completed.

The dependent customer must complete the standard retail KYC process. After KYC is successfully completed, the dependent customer can be activated through the standard retail activation flow.

Preconditions

• The primary account holder must be an active retail person
• The primary account must be active, authorized, and have subtype PRIMARY_ACCOUNT
• The linked savings product must allow dependent accounts
• Dependent age must satisfy the configured minimum and maximum age rules