Field | Type | Description |
|---|---|---|
Investment | drop-down list/button | Select from the list, or click New to search for one. |
Amount | option button/currency | Enter the amount of the term investment. You can either enter an amount or a percentage in the % of Total field. |
% of Total | option button/percentage | Enter the percentage of the total investment amount or deposit that is to be used for the term purchase. You can either enter a percentage of the total or you can enter an amount in the Amount field. |
Days, Months, Years | numbers | Enter term length in any of the text boxes. A maturity date can be entered instead. Once an investment is selected, the following applies: • If 'Specified term' is the "Term Validation Type" for the investment, then only the "Months" field will be enabled. • If 'Term length' is the "Term Validation Type" for the investment, then all these fields are enabled. |
Interest Pymt Frequency | drop-down list | Select from the list. |
Month End Interest | check box | Select to signify that interest will always be paid on the last day of the month. Not available if the investment does not allow month end interest. |
Level Interest | check box | Select to create the fund instruction with “level interest”. Not available if the investment does not allow level interest. |
Total Rate | button | Click Details button to open the Rate Details dialog. |
Field | Type | Description |
|---|---|---|
Discretionary Rate | percentage | Percentage an advisor is willing to forfeit to increase the total interest rate that the client will receive on the term investment certificate. Enter percentage rate. |
Rate Guarantee Ref # | display | Displays the assigned rate guarantee reference number. |
Save | button | Click to save. |