2.1.9 Fund Transaction Currencies

This topic provides information on fund transaction currencies button.

This fund rule facilitates the maintenance of restrictions in respect of the currencies that may be used in a transaction. You can maintain a list of currencies that will be exclusively allowed as valid transaction currencies, and all other currencies will not be accepted in the process of the transaction.

To set up the transaction currency restrictions for a fund, use the Fund Transaction Currency Restriction screen.

1. Click Fund Transaction Currencies button from the Fund Rules Detail screen.
   The Fund Transaction Currencies screen is displayed.

   Figure 2-27 Fund Transaction Currencies

   
   

   
   Description of "Figure 2-27 Fund Transaction Currencies"

   
   
2. On Fund Transaction Currencies screen, specify the fields.

   Before you set up a Fund Transaction Currency Restriction profile record for a fund, it is desirable to ensure that the following information is already setup in the system:

   • The fund already has an existing, unauthorized Fund Demographics profile record.
   • The currencies must be identified in the system in the Currency Maintenance.

   For more information on fields in the screen, refer the below table.

   Table 2-41 Fund Transaction Currencies

   Fields	Description
   Fund ID	Display This field indicates the ID fund for which you are setting up the Fund Transaction Currency Restriction profile. This information is defaulted from the Fund Demographics screen.
   Rule Effective Date	Display The Rule Effective Date for the fund, which you specified in the Fund Demographics screen, is displayed here.
   Currency Code	Alphanumeric; 3 Characters; Optional Choose only the currencies that you wish to allow for transactions in the fund from the option list. When you do not choose any currency, all the currencies are allowed for the fund.