3.8.7 KYC and Document Tab

This topic explains the KYC and Document tab of FCIS Subscription Transaction Detail.

  1. On the FCIS Subscription Transaction Detail screen, click on KYC and Document tab to enter the details.
    The KYC and Document details are displayed.

    Figure 3-30 FCIS Subscription Transaction Detail - KYC and Document


    Description of Figure 3-30 follows
    Description of "Figure 3-30 FCIS Subscription Transaction Detail - KYC and Document"

  2. On KYC and Document screen, specify the fields.
    For more information on fields, refer to the field description below,

    Table 3-41 KYC and Document - Field Description

    Fields Description
    Requested Optional

    Check this box to indicate KYC details are requested.

    Requirement Alphanumeric; 255 Characters; Mandatory

    Specify the list of KYC documents required for the unit holder.
    Received Optional

    Check this box to indicate KYC details are received.
    Received Date Date Format; Optional

    Specify the date on which the documents are received from the investor.
    Tax Document Optional

    Select if tax document is required or not from the drop-down list. The list displays the following values:

    • Yes
    • No
    Chasing Date Date Format; Optional

    Specify the date on which the document chasing is initiated, if the investor has not completed the KYC requirements.
    KYC Received Optional

    Select if KYC is received or not from the drop-down list. The list displays the following values:

    • Yes
    • No
    Document Details The section displays the following fields.
    Document ID Alphanumeric; 25 Characters; Optional

    Specify the document ID.
    Document Type Alphanumeric; 4 Characters; Optional

    Specify the document type.
    Type Description Alphanumeric; 255 Characters; Optional

    Specify the description for the type of document.

    If during a subscription or IPO transaction, the inflow amount is greater than the maximum amount for Tax ID, system verifies if the unit holder has a Tax ID maintained (PAN). If PAN is not specified, system verifies Tax Document in KYC.

    The system checks if the current transaction is an initial purchase or a subsequent one - based on the actual transactions carried out by the UH. In the case of an initial purchase, the system allows you to save an IPO transaction even if the UH has not met the KYC requirements.

    Note: If no list has been maintained for this transaction, you may still record the KYC list for the transaction as well as the unit holder. If KYC list is not maintained for your installation, system will consider the documents as submitted by default.

  3. Click on UH KYC Details. The system displays all the KYC details available for the UH.
    The KYC Details screen is displayed.

    Figure 3-31 KYC Details


    Description of Figure 3-31 follows
    Description of "Figure 3-31 KYC Details"

    The details are populated from Unit Holder Maintenance screen (UTDUH).

    If any KYC document is received then it can be marked at transaction KYC detail as Received. However, you should update the UH maintenance screen for the KYC documents received.

    If the KYC received at transaction level is Yes with some KYC documents and all KYC received at UH level is No, then the system will display a warning message as Transaction All KYC Received cannot be complete if Unit holder KYC is Incomplete during save of the transaction.

    For further details on this screen, refer KYC Details Tab in Unit Holder Maintenance Detail screen (UTDUH) in Entities User Manual.

Parent topic: Subscription Transaction Detail