Withdrawal

The Withdrawal Assignment type, located in the transaction XML is used to remove money from funds. The Assignment parameters specify details of fees that may accompany the withdrawal.

Withdrawal Assignment Type
Type = Withdrawal

Allocations needed?

Yes

Attributes

MONEYTYPE

Money type to assign to the principal withdrawal amount.

POLICYFREEAMOUNT

Policy Amount in base currency .

REMOVALMETHOD

[Gross, Net] literal values only. Default is Gross.

IF

Conditional expression that, if true, will allow the assignment to execute.

Element Value

none

Note: This assignment does not support the MoneyType element. Requires MathStatement element with FindNextExchangeDatePricing or FindLastExchangeDatePricing function.

Used when

To remove money from unit linked funds using guaranteed price dates.

Examples

Withdrawal

XML Example

<Assignment TYPE="Withdrawal" REMOVALMETHOD="Gross" MONEYTYPE="32" >
</Assignment>