Confirm units before payment is received

• On a sell, units can be confirmed and payments made to investors before the money has been received from the Dealer.
• Once the money is received the money can then be matched to the payment and the status of the Dealer instruction will change from ‘Allocated not paid’ to ‘Confirmed’.
• Activate the functionality by selecting ‘Has overdraft facility’ on the administrator Instrument Account into which the money will be deposited.

Last Updated on 4 years ago by Tinus Burger