A product can be setup on which single currency direct dealing can be done. Here the underlying instrument is bought in the name of the client and not in the name of the Asset holder custodian, as can be seen in the Dealer Instruction.

On the product that will be used for direct dealing, untick ‘Has Asset holder Custodian’

The processes of investment, withdrawal etc. will proceed as when dealing through a custodian.

NOTE: At this stage, interest cannot be applied on products without Asset Holder Custodians.

Last Updated on 8 years ago by Antoinette Van Meyeren