When a Business Relationship Type is selected, what records are created?

Study for the nCino 201 Retail Banking Functional Exam. Enhance your skills with flashcards and multiple choice questions, each with detailed explanations. Prepare thoroughly for your success!

When a Business Relationship Type is selected in the context of nCino, it specifically triggers the creation of Relationship records. This is crucial for managing connections with business entities, allowing institutions to establish and maintain comprehensive profiles of their clients.

The creation of Relationship records serves as a foundational step for tracking the interactions, transactions, and overall engagements with the business. These records typically form the backbone of relationship management, helping financial institutions better understand their clients' needs and tailor their services accordingly.

While the context implies that no Contact records are created, the focus on Relationship records is what defines the specific functionality triggered by selecting a Business Relationship Type. Thus, the answer accurately reflects the output of this selection within the nCino platform.

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