Bank Account Master Workflow

Request & Approve processes are managed and completed in Bank

Account Management
Open in the Bank process is outside of SAP.
As a last step, the IT team confirms the bank account opening in Bank
Account Management and also performs necessary configuration for EBS
and payments in back end SAP ERP system
Bank Account Management (BAM) in SAP Cash Management leverages
SAPs NetWeaver Workflow to standardize the process and link all involved
people together.
Approval Workflow is triggered while opening or closing the bank
accounts
Workflow is triggered when any changes are made to the sensitive fields
of the bank accounts
Existing Bank accounts which are in approval stage can be seen along with
the person with whom the approval is pending