NetWithdrawal
The NetWithdrawal 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.
| Type = Withdrawal | ||
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Allocations needed? |
Yes |
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Attributes |
MONEYTYPE |
Money type to assign to the principal withdrawal amount. |
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POLICYFREEAMOUNT |
Policy Amount in base currency |
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| REDEMPTIONFEE | Indicates if a redemption fee is applied (Yes/No). Math variables are also supported. | |
| REDEMPTIONMONEYTYPE | Indicates a value from the AsCodeMoneyType table. | |
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REMOVALMETHOD |
[Gross, Net] literal values only. Default is Gross. |
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IF |
Conditional expression that, if true, will allow the assignment to execute. |
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Element Value |
none |
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Note: This assignment does not support the MoneyType element. Requires MathStatement element with FindNextExchangeDatePricing or FindLastExchangeDatePricing function. |
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Used when |
To remove money... |
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Examples |
Withdrawal |
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XML Example
<Assignment TYPE="NetWithdrawal" REDEMPTIONFEE="Yes" REDEMPTIONMONEYTYPE="71"></Assignment>
