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Transfer

Description

The Transfer Assignment element, located in the transaction XML, is used to move money from one or more funds into one or more other funds. The Assignment parameters specify details of fees that may accompany the transfer.

Type	Transfer
Allocations needed?	Yes
Parameters	PRORATEREMOVALS	Prorate the amount to remove.
	SURRENDERCHARGE	Yes, No, or a field that holds Yes or No. Whether or not a surrender charge is applied.
	SURRENDERMONEYTYPE	The type of money for the surrender charge.
	MVACHARGE	Yes, No, or a field that holds Yes or No. Indicates whether there is an MVA Charge.
	MVAMONEYTYPE	The MVA money type.
	REDEMPTIONFEE	Yes or No. Indicates whether there is a Redemption Fee.
	REDEMPTIONMONEYTYPE	The Redemption Fee money type.
	BUCKET	The bucket for the EIFund. Must be an integer value.
Element Value	Zero or more MoneyType tags that define the amount and type of money to be applied.
Note: Assignment fields are not needed. Allocation records are needed in both negative and positive.
Used when	Money is moved from a set of one or more funds to another.
Examples	Transfer
	RebalanceAssets

XML Example

<Assignment TYPE="Transfer"

PRORATEREMOVALS

SURRENDERCHARGE="Yes"

SURRENDERMONEYTYPE="09"

MVACHARGE="Yes"

MVAMONEYTYPE="09"

REDEMPTIONFEE="Yes"

REDEMPTIONMONEYTYPE="09"

BUCKET="01">09

</Assignment>