Fund Transfer

The Fund Transfer transaction allows money to be transferred from one or more funds to one or more funds. The AutoTransfer activity must be active on your policy before you can process a FundTransfer activity.

 

 

Steps to Create a Fund Transfer Activity

  1. Open the policy you want to transfer funds in.

  2. Select Activities on the left navigation menu.  You should have an active policy with an AutoTransfer activity that has already been processed.

  3. Click Add Activity on the Secondary menu.

  4. Select FundTransfer from the activity drop down box.

  5. Enter the effective date.

  6. Enter the actual transfer date.

  7. Click Allocations at the top of the window.

  8. Select the Allocation From and Allocation To funds and the percent of funds to be transferred.

  9. Click OK at the bottom of the window when the information has been entered.  The activity will be listed on the activity screen in pending status.

  10. Click the lightning bolt icon to process the activity.