Interest on instructions in Group Contribution

If ‘Apply Interest’ have been ticked/switched on, on the product and Investor account (where the instruction is part of a Group Contribution), interest will only be allocated if ‘Add Interest’ is selected on the group Contribution Instruction.

Interest will only be applied on an investor/employee where ‘Apply Interest’ have been switched on, on the investor account.

Overriding interest on an employee investment instruction will have no effect if the instruction is part of a group contribution.

Last Updated on 7 years ago by Antoinette Van Meyeren