6.1.2.6 Reallocation

This topic describes the systematic instructions to maintain the reallocation parameter.

Reallocation details can be set up for Sweeps (ICL and Non-ICL) through One-way Account Group and Two-way Account Group fields.

The Reallocation accordion displays all the child Accounts of the selected account. If there are no Child Accounts for the selected account, it will display a message as “No data to display”. Reallocation details can be setup for Sweeps (ICL and Non ICL) as well through One way Account Group and Two way Account Group fields

1. On the Payment Instructions screen, click Reallocation tab to maintain the reallocation parameter for the account pair.
   The Reallocation screen displays.

   Figure 6-14 Reallocation

   
   

   
   Description of "Figure 6-14 Reallocation"

   
   
2. On the Reallocation screen, specify the details.

   Note:

   The fields, which are marked with an asterisk, are mandatory.

   For more information on fields, refer to the field description table.

   Table 6-12 Reallocation - Field Description

   Field	Description
   Reallocation Method	Select the Reallocation Method from the list. Note: This field is defaulted as No Reallocation for Sweep structures.
   Account Number	Displays all the child account numbers associated with the Parent account.
   Oneway Account Group	Select the account group to maintain Interest Rate for reallocation at Parent-Child Pair level. The One-way Account Group interest rate will be applicable for reallocations happening for a sweep from Child to Parent direction. (Reallocation will be from Parent to Child) Note: The field is mandatory for the ICL enabled Child accounts.
   Twoway Account Group	Select the account group to maintain Interest Rate for reallocation at Child-Parent Pair level. The Two-way Account Group interest rate will be applicable for reallocations happening for sweep from Parent to Child direction. (Reallocation will be from Child to Parent) Note: The field is mandatory for the ICL enabled Child accounts.