benefit_program_configuration

This is a configuration table that stores account details (with sponsor banks) for a benefit program.

The design assumes that every benefit program has exactly one financial account with a sponsor bank.

The design caters for the following thought process

  1. Multiple programs exist and share the same funding account

  2. Multiple programs exist with each program using a dedicated funding account in the same FSP (financial service provider / Bank)

  3. Multiple programs exist with programs using different funding accounts across different FSPs

Attribute
Description

benefit_program_mnemonic

Uniquely identifies a benefit program. Is Primary Key.

benefit_program_name

Describes the benefit program

funding_org_code

The Government department or Social Welfare organization that administers this program - Short Code

funding_org_name

Name of the Organization corresponding to the short code

sponsor_bank_code

Financial Service Provider - Institution - where the account is maintained - The account that funds the program

sponsor_bank_branch_code

The branch code - where the funding account is maintained

sponsor_bank_account_number

Complete account number (financial address) with Bank Code, Branch Code, any other identifier as required Unique Index Every benefit program needs to be funded by a dedicated funding account with a sponsor bank

sponsor_bank_account_currency

The currency in which the account (the funding account) is maintained

id_mapper_resolution_required

TRUE / FALSE Specifies whether Beneficiary ID will travel to Sponsor Bank OR Beneficiary ID will be translated to Account Number (Financial Address) and then travel downstream to Sponsor Bank

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