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Oracle® Insurance XML Configuration Guide Release 9.4.0.0 E18894_01

# Switch

## Description

The Switch Assignment element, located in the transaction XML, is used to transfer money to or from unit linked funds using guaranteed price dates.

Type | Switch |
--- | --- | ---
Allocations needed? | Yes
Parameters | SWITCHFEERATE | Percentage (between 0.00 and 1.00) to be charged to the redemption funds in the transaction. Not valid with SWITCHFEEAMOUNT.
SWITCHFEEAMOUNT | Flat amount in base currency to be charged to the redemption funds in the transaction. Not valid with SWITCHFEERATE.
SWITCHFEEMONEYTYPE | Required only if a Switch fee rate or amount is present. Applies a MoneyType for the calculated Fee amount.
IF | Conditional expression that, if true, will allow the assignment to execute.
Element Value | none
Note: This assignment does not support the MoneyType element. SWITCHFEERATE and SWITCHFEEAMOUNT cannot be used together, only one is allowed. SWITCHFEERATE will take precedence. Requires MathStatement element with FindNextExchangeDatePricing or FindLastExchangeDatePricing function.
Used when | To transfer money to or from unit linked funds using guaranteed price dates.
Examples | Switch, AutoRebalance, CostAveraging etc.

## XML Example

    <Assignment TYPE="Switch" SWITCHFEERATE="SwitchFeeRate" SWITCHFEEMONEYTYPE="SwtitchFeeMoneyTypeCode"></Assignment>

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