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