Transfer
The Transfer Assignment element, located in the transaction XML, is used to move money from one or more funds into one or more other funds. The Assignment parameters specify details of fees that may accompany the transfer.
| Type = Transfer | ||
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Allocations needed? |
Yes |
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Attributes |
PRORATEREMOVALS |
Prorate the amount to remove. |
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REDEMPTIONFEE |
Yes, No. Indicates whether there is a Redemption Fee. |
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REDEMPTIONMONEYTYPE |
The Redemption Fee money type. |
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BUCKET |
The bucket for the EIFund. Must be an integer value. |
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| TOBUCKET | Integer or a MathVariable that holds an Integer Defines the Bucket number of one or more Indexed funds to which money should be transferred. If TOBUCKET is present, BUCKET must also be present. | |
| BUCKETEFFECTIVEDATE | Date or MathVariable that holds a Date value Used with the LIFO Removal method to define the Effective Date of a Bucket in AsBucket table. The effective date value will apply to the Bucket number specified in the TOBUCKET attribute. If the TOBUCKET attribute is not present, then the date value will apply to the Bucket number specified in the BUCKET attribute. | |
| NETTRANSFER | Yes, No. If Yes, then the same fund is included in both the <From> and <To> section, only the difference is moved. If No, and the same fund is included in both the <From> and <To> section, then the entire amount is transferred from the fund and then the applicable amount is transferred back into the fund. If no attribute is present, then No is the default behavior. | |
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Element Value |
Zero or more MoneyType tags that define the amount and type of money to be applied. |
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Note: Assignment fields are not needed. Allocation records are needed in both negative and positive. |
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Used when |
Money is moved from a set of one or more funds to another. |
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Examples |
Transfer |
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RebalanceAssets |
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XML Example
<Assignment TYPE="Transfer" NETTRANSFER="Yes" REDEMPTIONFEE="Yes" REDEMPTIONMONEYTYPE="09"</Assignment>
<Assignment TYPE="Transfer" PRORATEREMOVALS=“Yes” ></Assignment>
<Assignment TYPE="Transfer" BUCKET="BucketFromMonth" TOBUCKET="BucketToMonth"></Assignment>
