2.2.17 Beneficiary Dtls Button

This topic provides the systematic instructions to capture the beneficiary details button in the Unit Holder Maintenance Detail screen.

This topic also helps to capture the details of one or more beneficiaries, if any, for the unit holder

A beneficiary could be an existing unitholder in the system or could be an external entity.

1. On Unit Holder Maintenance Detail screen, click Beneficiary Dtls button.
   The Beneficiary Details screen is displayed.

   Figure 2-20 Unit Holder Maintenance Detail_Beneficiary Details Button

   
   

   
   Description of "Figure 2-20 Unit Holder Maintenance Detail_Beneficiary Details Button"

   
   
2. On Beneficiary Details screen , specify the fields.
   For more information on fields, refer to the field description table.

   Table 2-21 Beneficiary Details - Field Description

   Field	Description
   Existing UH/ CIF	Optional Select if the unit holder or CIF is existing or not from the drop-down list. The list displays the following values: Yes No
   Beneficiary Type	Mandatory Specify whether the beneficiary is a Primary or Secondary holder.
   Beneficiary ID	Alphanumeric; 12 Characters; Mandatory If the beneficiary is an existing unit holder, you can invoke the Find Options screen to specify the desired unit holder, by using the search criteria. Else, specify the same.
   Beneficiary Name	Display The system displays the name of the beneficiary.
   Date of Birth	Date format, Optional Enter the date of birth of beneficiary.
   Country of Birth	Display The system displays the country of birth of beneficiary.
   Gender	Optional Select the gender of the beneficiary from the drop-down list. The list displays the following values: Male Female
   ID Type	Alphanumeric; 3 Characters; Optional Select the identification type of the beneficiary from the drop-down list. If the beneficiary is a valid unitholder, the identification type will be displayed.
   ID Number	Alphanumeric; 50 Characters; Optional Specify the identification number of the identification type of the beneficiary. If the beneficiary is a valid Unit Holder, the identification number will be displayed.
   Relation	Alphanumeric; 70 Characters; Optional Specify the relationship of the beneficiary with the unit holder. If the beneficiary is a valid Unit Holder, the relationship will be displayed.
   Award %	Alphanumeric; 5 Characters; Optional Specify the percentage of the unit holder’s holdings that belongs to the beneficiary. The award should sum up to 100.
   Country Of Domicile	Alphanumeric; 5 Characters; Optional Specify the Country of Domicile Details.
   Address Line 1 - 2	Alphanumeric; 105 Characters; Optional Specify the contact address of the beneficiary.
   City	Alphanumeric; 105 Characters; Optional Specify the city name of the beneficiary.
   State	Alphanumeric; 5 Characters; Optional Specify the state name of the beneficiary.
   Country	Alphanumeric; 3 Characters; Optional Specify the country name of the beneficiary.
   Zip Code	Alphanumeric; 3 Characters; Optional Specify the Zip Code.
   Email	Alphanumeric; 255 Characters; Optional Specify the e-mail details of the beneficiary.
   Contact Person	Alphanumeric; 60 Characters; Optional Specify the contact person details.
   Bank	Alphanumeric; 12 Characters; Optional Specify the bank code of the beneficiary’s bank. You can select the same from the option list, if the bank code is a valid code in the system.
   Branch	Alphanumeric; 12 Characters; Optional Specify the branch of the bank that you have selected. You can select the same from the option list, if the branch is a valid one in the system.
   Account Type	Alphanumeric; 1 Character; Optional Select the nature of the account held by the beneficiary from the list.
   Account Currency	Alphanumeric; 3 Characters; Optional Select the currency of the bank accounts that you are designating for the beneficiary.
   Account Number	Alphanumeric; 34 Characters; Optional Specify the number of the account held by the beneficiary in the selected bank.
   Account Name	Alphanumeric; 140 Characters; Optional Specify the name in which the beneficiary holds the specified bank account.
   IBAN	Alphanumeric; 40 Characters; Optional Specify the International Bank Account Number (IBAN) of the account holder.
   US Indicia	Display The system defaults US Indicia Available as Yes if any of the below mentioned values are true: The nationality is US The dual nationality is US The substantial stay is in US The country of birth is US The country of domicile is US The country of incorporation is US The country of correspondence or alternate address is US The country code of the telephone number is 01 The bank branch address country code is US The director % of holding is more than 10% If the primary UH has linked entities like Joint holder/joint holders, Auth rep, related party (Auth Rep, Nominee and Joint Holder), beneficiary and for any one of them US Indicia Available is YES, and if the primary UH US Indicia Available is No then the system will display the following message: US Indicia Available is No for UnitHolder but US Indicia Available is YES at Joint Holder/ Auth Rep/Beneficiary/Related Party(Auth Rep, Nominee and Joint Holder) (any one) The system will change the US Indicia Available as YES and save the record automatically.
   FATCA Classification	Display If the beneficiary selected is an existing entity in the system, then system displays FATCA classification type.
   FATCA Status	Display If the beneficiary selected is an existing entity in the system, then the system displays FATCA status based on FATCA maintenance. Note: The fields PAN/GIR Number, MFIN and Form 60/61 will be displayed only if the client country option SHOWPANINFO is set to True for your bank.