2.9.4 Transfer Transaction Rule

This topic provides information on transfer transaction rule.

There are two transactions in the Transfer Transaction rule, namely, Transfer Out and Transfer In. As per the Transfer Transaction rule, Transfer Out follows Redemption Transaction Rule and Transfer In follows Subscription Transaction Rule. During the Unit Holder Amendment, if you change the Correspondence address or the last name, the system would reset the KYC. You need to manually set it again. However, a warning message will be put up before resetting.

The following information needs to be entered in the KYC Dtls in the UH Maintenance screen:

• KYC Purchase Limit
• KYC Annual Debit Order Limit