1.26 Update Cheque Status

This topic provides the systematic instructions to monitor and update the status of cheques issued for dividend payments as well as redemption and fee/incentive payments in the system.

  1. On Home screen, type UTDUPCHQ in the text box, and click Next.
    The Update Cheque Status screen is displayed.

    Figure 1-22 Update Cheque Status


    Description of Figure 1-22 follows
    Description of "Figure 1-22 Update Cheque Status"

  2. On Update Cheque Status screen, click New to enter the details.
    For more information on fields, refer to the field description table.

    Table 1-24 Update Cheque Status - Field Description

    Field Description
    Fund ID Alphanumeric; 6 Characters; Mandatory

    Select the fund ID, for which the cheque is being printed, from the list provided. When you specify the ID of the fund, the ISIN code of the fund is displayed in the ISIN Code field.

    ISIN Code Alphanumeric; 12 Characters; Optional

    Select the ISIN code of the fund for which you want to process payments, from the options provided. If you specify the ISIN code of a fund, the ID of the fund is displayed in the Fund ID field.

    If you have specified Fund ID, then system defaults the ISIN Code and vice versa.

    Payment Number Numeric; 5 Characters; Mandatory

    In the case of dividend payments, specify the Payment Number of the dividend for which the payment Cheque was issued.

    Cheque Status
    Specify the cheque status.
    • If the cheque has been cleared, choose the CLEARED option to view the clearing details.
    • If the cheque has not been cleared, select UNCLEARED. You can update the status of such cheques if they are cleared.
    • If the cheque has been rejected, select REJECTED.

    For uncleared cheques, you can update the clearing status if they have been subsequently cleared.

    Click Ok button to save the update.

  3. Click the Show Details button to view the cheque status.
    The following details are displayed:
    • Unit Holder ID
    • Cheque Currency
    • Cheque Amount
    • The Serial Number of the payment Cheque.
    • Old Cheque Number
    • Cheque Number
    • Cheque Status
    • Payment Number

Parent topic: Dividend Maintenance