1.3.7 Maintain Interfaces for Uploading Beneficiary Positions

This topic provides the systematic instructions to maintain interfaces for uploading beneficiary positions.

1. Obtain the positions for each beneficiary from the depositary prior to each dividend declaration and store in the FCIS database, so that the dividend declared and processed can be apportioned to each beneficiary based on the beneficiary position.
2. Maintain an interface through the Interface Definition facility to upload the beneficiary position before each dividend declaration.
   The beneficiary positions are exported from the external depositary as a file known as the BENPOS file.