Rebate Distributions

Rebates can be distributed to clients similar to unitised instrument distributions. Rebates are received in cash and distributed as cash.

Rebates are distributed to clients with account statuses that are indicated to receive the rebate, in proportion to their holdings in the instrument on the declaration date. See Rebates as an example.

Go to the Supplier instrument on the Instrument

Account statuses that should be included in the rebate can be added or removed

Complete the rebate declaration date, Payout date (bank entry deposit date) and rebate amount

Match the bank entry

And allocate the rebate

Last Updated on 12 months ago by Debra Hart