6.2.5 Pre-Insurance Determination

In this process, an initial aggregation is done by the customer. If a customer’s total funds in all accounts held at a Legal Entity level is less than the Standard Maximum Deposit Insurance Amount (SMDIA) and the setup_master entry for the component code FDIC_DEP_AGGR_option is “Yes” the Initial aggregation is done at a Customer level. When the option is chosen as "No"- the aggregation is only done at an Ownership Right and Capacity (ORC) level.