Fill - Free fillable Office of the Illinois State Treasurer Michael W. (Illinois State Treasurer's Office) PDF form

Office of the Illinois State Treasurer

Michael W. Frerichs

Request for Proposals E-Pay Accounts

Addendum 1

June 16, 2015

Below are the questions received by the Office of the Illinois State Treasurer (“Treasurer”) and

the Treasurer’s responses. Any capitalized terms that are not defined herein have the meaning

set forth in the Request for Proposals (“RFP”) E-Pay Accounts issued by the Treasurer on May

27, 2015.

1. Page 3 of the Request for Proposal, Section I, Overview

The overview states that the winning respondent shall enter into a contract with the

Treasurer for an initial term of four (4) years. Upon expiration of this term, the Treasurer

shall have the option to renew the Agreement for additional periods, not to exceed a total

of ten (10) years, including the initial four (4) years.

Would the Treasurer consider changing this section to allow for a mutual agreement to

extend the contract by the Treasurer and the Contractor? Alternatively, would the

Treasurer consider changing the term to a five (5) year contract and the Treasurer may

elect to extend the contract, not to exceed a total of nine (9) years (including the initial

five (5) years)?

The Treasurer would consider an initial term of 5 years, provided

the Contractor’s Proposal sufficiently warrants providing a 5 year

term.

2. Page 4 of the Request for Proposal, Section II C, Transaction of E- Pay

This section states that in order to provide Participants with an efficient transition,

Participants must retain the current E-Pay American Bank Association (“ABA”) routing

transit number and their current account numbers (“Account Numbers”). All E-Pay

accounts currently have the same ABA routing transit number, which is 081225707

(“ABA Number”). At this time, only the Illinois Funds and E-Pay accounts utilize the

ABA Number. However, after the transition to the Contractor, only E-Pay accounts will

utilize the ABA Number.

And Page 4 of the Request for Proposal, Section III Scope of Work

With this RFP, the Treasurer seeks a Contractor that will obtain the ABA Number;

provide Participants with E-Pay accounts bearing the ABA Number and Account

Numbers; and, at the expiration of the Agreement, transfer the ABA Number and

Account Numbers to a successor bank, selected by the Treasurer. Sections III.A through

III.C are hereinafter referred to collectively as the “Work.”

We understand that the ABA number is currently assigned to US Bank. Does the

Treasurer expect that the successful bidder will “obtain” the ABA number from US Bank

as indicated in the above Scope of Work or can the successful vendor utilize the current

ABA and account numbers as part of its solution? Please provide further detail on how

the Treasurer expects the accounts to operate with the new custodian. It is our experience

that the actual transfer and reassignment of an ABA number is extremely rare and occurs

when transitioning a significantly large number of participants.

The Treasurer will require Contractor to obtain and assign the

ABA Number and Account Numbers to the accounts that will be

moving to the Contractor. US Bank has agreed to allow the

Contractor to obtain the ABA Number. The Contractor will

acquire the ABA Number through the normal channels for the

transfer/acquisition of ABA numbers. After the transition to the

Contractor is complete, Participants will have the same ABA and

account numbers as prior to the conversion.

3. Page 3, Section II. Background B. Current Account Structure

What is the current cut-off time for participants to initiate a wire? Are all wires going to

domestic banks? What is the current cut-off time for participants to send an ACH

origination file? Are all ACH transactions going to domestic banks?

Currently wires must be initiated by 11:00 a

.m. CT. Protocols

require wires to be sent to a pre-determined institution or be

written on the Participant’s letterhead, signed by an authorized

signor. The Treasurer is not aware of a significant volume of wires

to non-domestic banks. New protocols for wires will be part of the

Agreement. Currently, ACH cut-offs follow normal industry

standards. The Treasurer is not aware of a significant volume of

non-domestic outgoing ACH traffic.

4. Page 4, Section II, Background B. Current Account Structure

The average total balance of all E-Pay accounts over the past 18 months is nearly

$739,000,000. During the Bidders Conference it was confirmed that the total of

$739,000,000 included the amount in Illinois Funds. Can you provide a breakdown of

balances for E-Pay accounts only that would not include the IL Funds balances? In

addition, can we get the breakdown by individual E-Pay accounts?

The funds in the accounts cannot be distinguished between Illinois

Funds and E-Pay funds, as E-Pay funds currently go into Illinois

Funds accounts. Balances in each of the E-Pay accounts after the

transition will be determined by a number of factors that will be

addressed by the Proposals, such as the possibility of sweeping the

accounts or collateralizing the balances.

2

5.

Page 4, Section II, Background B. Current Account Structure

Are deposits made to the E-Pay accounts only via ACH for credit card settlements or are

there other types of deposits, i.e. incoming wire transfer? Please list all types of

transactions that settle to the account.

E-Pay accepts deposits via ACH and electronic funds transfer

(“EFT”) for credit card and E-check settlements from the

contracted processors. After the conversion, it is the Treasurer’s

intent for the E-Pay accounts to only accept electronic payments

from the processors or the Illinois Funds.

6. Page 4, Section II, Background B. Current Account Structure

What situations create a chargeback?

A chargeback may occur when a cardholder or issuer disputes a

Participant’s charge.

7. Page 4, Section II Background C. Transition of E-Pay

Is the bank responsible for all account opening documentation (i.e. signature cards, ACH

agreements, wire transfer agreements, etc.) for all participants or is there a master

agreement with the Treasurer’s office? If there is a master agreement, can the bank add

verbiage to the existing agreement to include the bank’s required documentation? Can

you provide a copy of the current master agreement?

There is currently no master agreement for the E-Pay accounts,

because they fall under the custodial contract with U.S Bank, set to

expire in February 2016. However, the Agreement entered into

between the Contractor and the Treasurer will be a master

agreement. Participants will enter into their own agreements with

the Contractor pursuant to the master agreement.

8. Page 4, Section II, Background C. Transition of E-Pay

Is there a check digit routine on the account numbers? With the first 5 digits of the

accounts defined (71391, 15160, 43486, 25160), does the prefix denote a specific type of

participant (i.e. county treasurer, college, etc.)? Are there account set-up differences

based on the prefix? For new participant accounts, can we assign the 10-12 digit account

numbers of our choosing?

There is no account number protocol with the current account

numbers, thus there is no special meaning to how they were

established. For any new accounts opened by the Contractor (i.e.

accounts that are not transferred from the current custodian), the

Treasurer is open to how the 10 or 12 digit account structure is

developed.

3

9.

Page 5, Section III, Scope of Work B. Accounts #2

What volume of contact exists today for E-Pay related questions/issues? What time of

day/week is support necessary? Can you provide the number of employees the current

custodial bank has dedicated for the customer service of the E-Pay accounts?

Generally, Participants refer most questions to the Treasurer’s

staff. The Contractor will receive calls from Participants with

traditional banking questions, such as questions regarding

overdrafts, wires, and ACHs. At a minimum, the Treasurer intends

for the Contractor to provide support Monday through Friday, from

8:00 a.m. CT to 4:30 p.m. CT. Currently, E-Pay customer service

is combined with the Illinois Funds customer service for a total of

3 team members and a supervisor.

10. Page 5, Section III, Scope of Work B. Accounts, #3

Can the existing toll-free number be transferred to the new vendor? If not, can a prompt

be added to transfer to new vendor?

The current E-Pay toll-free number comes in to the Treasurer and

will not be transferred. The Treasurer is willing to explore the

possibility of creating a prompt for the Contractor. Respondents

should feel free to propose possible solutions for Participants to

contact the Contractor for bank-related customer service issues.

11. Page 5, Section III, Scope of Work B. Accounts, #4

Can participants look up deposits online versus receiving an email or fax?

The Contractor must give Participants online access to their

account information, but it does not have to send deposit

notifications via e-mail or fax.

12. Page 5, Section III, Scope of Work C Add-ons #1

Can you confirm who moves the funds – the E-pay participants or the E-Pay custodian

bank? What is a TIP file? Can you provide a file format for the TIP file? Is the wire a

separate wire for each participant or a single net wire? Is the pre-determined amount the

same for all participants?

Under the proposed new process, the Participant will authorize the

automatic transfer of funds above a predetermined amount, and the

Contractor will provide the TIP file, containing each day's

transactions to US Bancorp Fund Services. Funds will be settled

net for each day's trading activity as a single fed wire. The

predetermined amount will be set by the Treasurer, based on the

limitations of the Contractor. A TIP file is a proprietary layout

designed to interface with the investment account transfer agent

system. For additional information on a TIP file, please see

4

Chapter 5: Direct Purchase, attached hereto as Exhibit A and

incorporated herein.

13. Page 6, Section III, C. Add-ons, #3

What if the participant is overdrawn? How will the fee be handled?

The Treasurer would prefer for Participants to only be allowed to

correct overdrafts by moving funds from their Illinois Funds

account. The handling of overdraft fees will be determined by the

Contractor and Treasurer and the Contractor’s minimum balance

requirements. Regardless, as stated in Section III.B.7 of the RFP,

the Contractor must give Participants the option to receive invoices

for their fees.

14. Page 7, Section IV, Proposal A. Proposal Format, #6

Can we submit our Illinois Procurement Gateway vendor number instead of paper?

The Treasurer is not a participant in the Illinois Procurement

Gateway at this time, so Respondents cannot submit their vendor

numbers in lieu of paper.

15. Page 8, RFP Schedule and Process A. RFP Schedule

What is the expected implementation date?

This implementation will coincide with the transition date for

custodial services, which is currently set for February 2016.

16. Page 5, Section III, Scope of Work A. Transition, #3

Can you please provide additional information regarding the ICL? What information is

being transmitted? What is the timing (daily time) of the settlement information exchange

to the current custodial bank?

The current file format for an image cash letter is X9.100-187.

Regarding the settlement, if U.S. Bank already has an image

exchange relationship with the Contractor, then the settlement can

be done through TCH/SVPCo, ViewPointe or Fed Wire. If there is

no existing relationship, then US Bank’s Technology Operations

Group (TOS) will have to determine the settlement process.

17. Page 5, Section III, Scope of Work B. Accounts, #5

How far back is historical account detail with addenda to be provided?

How far back are daily and monthly statements to be provided? Please

confirm that the current E-Pay custodial bank will provide access to

historical information performed through them.

Currently, the Treasurer does not have this information.

5

18. Page 4, Section II, Background B. Current Account Structure

What is the average activity on the accounts:

Number of credits

Number of debits

ACH items originated and number of participants that originate ACH

ACH items received

Wire Transfers originated and number of participants that originate wire transfers

Wire Transfers received and the number of participants that receive wire transfers

Number of credits: 36,326 credits to the E-Pay accounts in

February 2015

Number of debits: 3,741 debits to the E-Pay accounts in February

2015

ACH items originated and number of participants that originate

ACH: Less than 5 Participants originate ACH.

ACH items received: The accounts received 36,148 ACH items in

February 2015.

Wire Transfers originated and number of participants that originate

wire transfers: Less than 10 Participants originate wires. 140

wires were initiated by the custodial bank on E-Pay accounts in the

month of February 2015. Eight Participants received wires in

February 2015 for a total of 44 incoming wires.

6

Transmission/Tape

Interface

Package

Inbound

Files

Reference

Guide

Chapter 5: Direct Purchase

DP-Direct Purchase - DPAY Overview

Direct Purchase

(DPAY)

provides the ability

to

purchase funds into a shareholder's account. These

purchases must be in non-fiduciary accounts.

---

--

-

...

-

..

-----

-

N.ote: The DPAYfacility

is

part

of

the

PU.RCH

consolidated processing facility.

See

the

TA2.000

Operator Security

Quick

Reference

Guide

for.more information.

The Override Purchase Hold Period

Flag

in record

2,

position 53, and

the

Override Purchase Hold

Period

Days

flag in record

2,

position 54, refer

to

overriding the Premature Removal

Days

fund

option

in

the Fund Options

File

(ASS).

This option determines when

the

money

is

available

for

redemption.

The

results

of

this transaction will post

to

the

Financial Transaction

File

database.

Trailer Records

Totals should

be

added

to

total

purchase and

total

purchase dollars in

the

trailer

record.

Clients and broker/dealers must send Inbound

TIP

records in sequential order

for

omnibus

transparency transactions. All records in a layout are required

for

omnibus transparency

transactions. For example,

if

records 1-3 and 5 are required

for

a layout,

DST

must receive records

1-5, in sequential order,

to

process the transaction

for

omnibus transparency.

If

all records are

not

received, transactions are

not

monitored

for

compliance

with

Short-Term Trader fees,

Excessive

Trader fees,

or

rights

of

accumulation pricing.

Related Report

Batch Transmission Errors Transaction

ID:

DPAY

(R02365)

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Exhibit A

Transmission/Tape Interface

Package

Inbound

Files

Reference Guide

DP-Direct Purchase - DPAY

Detail Record 1

of

5

1 2 2 Alpha/Num R

Transaction Identifier

DP= Direct Purchase

3 3 1 Alpha/Num R Sequence Number

1 = first detail record

4

5 2 Alpha/Num R Transaction Type

01 = direct purchase

6

13 8

Numeric

R Trade Date (CCYYMMDD)

14 16 3 Alpha/Num

0

As-of

Reason

Code

Required

for

as-of trade date

17

25

9 Alpha/Num R

Committee

for

Uniform Securities Identification

Procedure

(CUSIP)

Number

or

Fund

Code

26 26

1 Alpha/Num R

CUSIP

Number

or

Fund Code used

C =

CUSIP

number

used in position 17-25

F= fund code used in position 19-25

27

46 20 Alpha/Num R Account Number

47

47 1 Alpha/Num R

Account Number Code

F

= fund account number used in position 36-46

E= external account

number

used in position 27-46

48 54 7

Numeric

0

Firm/Dealer Number

(required

if

external account

number

is

used)

55

63

9 Alpha/Num 0 Firm/Dealer Branch Number

64

70 7

Numeric

R

Batch Number

71

71 1

Alpha/Num R

Pre-noon/Post-noon Trade

0 = post-noon

1

= pre-noon

80

9 Numeric X Group Number

72

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Transmission/Tape Interface

Package

Inbound Files Reference Guide

DP-Direct Purchase - DPAY

Detail Record 2

of

5

1 2 2

Alpha/Num R

Transaction Identifier

DP= Direct Purchase

3 3

1

Alpha/Num

R

Sequence Number

2 = second detail record

4 18

15

Numeric R

Gross

Amount (2 decimal places)

or

Total Shares

(4

decimal places)

Note:

Shar.es

are

not

valiq.forthis

transaction type.

19 19

1

Alpha/Num

R

Share/Dollar Indicator

1

'

or

O:::

shares

used

1 = dollars used

Note: .Shares

a.re

not

vali<1

for

this

transaction type.

20 21

2

Numeric 0 Discount Category

22 30

9

Numeric

X

Cumulative Discount Number

31 31 1

Alpha/Num

R

Certificate

Issuance

Code

0 = do

not

issue certificate

1

:::

issue

certificate

32

32 1

Alpha/Num

X

Deduct Wire

Fee

N = do

not

deduct fee

Y = deduct fee

33 40

8

Alpha/Num

0

Payment Date

(CCYYMMDD)

(daily accrual starts on payment date

plus one day)

41 41

1

Alpha/Num

X

Sweep Indicator

(DFUNP)

O=

not

a sweep

1 = sweep

42 42

1

Alpha/Num

X

Fee

Indicator

0 =

not

applicable

F =

flat

fee

P = percentage fee

43 1

Alpha/Num

X

NAV

Transaction

0 =

not

NAV

1 = NAV

43

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Inbound Files Reference Guide

44 44 1 Alpha/Num X Reduced Price Code

O

=no reduced price

1

=reduced price

45 46 2 Alpha/Num

47 48 2 Alpha/Num

R

Exception Code

(DPAY

and

AUTOBUY)

00 =regular purchase

01

=NAV purchase

02

=NAV exchange

06

=reduced price

08

=regular exchange

11

=good funds

12

=government direct deposit

(tran code 020-002)

13

=NAV purchase

(no confirmation; tran code 001-009)

14

=

NSCC

(one-sided exchange;

tran code 038-012)

20

=external exchange purchase

(tran code 001-079)

21

=contractual redeposit purchase

X

Exception Code

(DFUNP)

00

=

no

exception

01 =exception fund

02

=exception plan

49 49

1

Alpha/Num

X

Nondeductible

IRA

1

'

or

o=

nondeductible

1 =deductible

50 50 1 Alpha/Num

X

Override

Minimum/Maximum

N =do

not

override

Y=

override

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54

Transmission/Tape Interface

Package

Inbound Files Reference Guide

51

1 Alpha/Num X

Contribution Type Code

1 = employer current year

2 =

employer

prior

year

3 =

employee

current

year

4 =

employee

prior

year

5 = salary reduction current year

6 = salary reduction

prior

year

7 =

employer

salary reduction

current

year

8 = employer salary reduction prior year

9 = Roth I

RA

conversion

A=

contribution type

RCH

B = contribution type

RCH

-

prior

C = rollover

D = rollover earnings

E= current year

F=

earnings

G =

QTSP

-

RLO

- negative earnings

H =

QTSP

-

RLO

- negative earnings value

I =non-owner-current

year

J=non-owner-prior year

52

1

Numeric

R

Mailing Code

(required only

if

a certificate

was

issued

in position 31

of

record

2)

0 = certificates

to

dealer

1 = certificates

to

shareholder

2 = certificates

to

special

3 = certificates

to

dividend mail

4 = certificates

to

special

instructions

5 = certificates

to

transfer

agent

6 = certificates

to

clearing dealer

53

1 Alpha/Num

0

Override Purchase Hold Period

Flag

N =

do

not

override

Y = override

56

3

Numeric

0

Override Purchase Hold Period

Days

(only valid

if

Override Purchase

Hold Period flag =

Y)

000 = automatically collected

57

63

7 Alpha/Num

0

Exchange

(/From

11

Fund

(may

use

the

fund short literal)

64

78

15

Numeric

X

LOI

Contract Amount (decimal 2 places)

©

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-155 -

Transmission/Tape Interface Package Inbound

Files

Reference Guide

79

1

Alpha/Num

0

Confirm Print Indicator

''

=

not

applicable

N =

do

not

print

confirmation

Y =

print

confirmation

80 80 1

Alpha/Num

0

Payment

Method

Code

1 = Clearing Agent

A=

Automated Clearinghouse

(ACH)

B = Bank

draft

C = Check

D = Draft

E = Equivalent

G =

Cash

H = Cashier check

M =

Money

order

N =

NSCC

s =

ACH

special

T = Traveler check

W

=Wire

Z =

Not

applicable

DP-Direct Purchase - DPAY

Detail Record 3

of

5

1 2

2

Alpha/Num

R

Transaction Identifier

DP= Direct Purchase

3 3 1

Alpha/Num

R

Sequence

Number

2 = Third Detail Record

4 4

1

Alpha/Num

0

Alternate

ACH

Bank

Y =

Yes

N = No

5 13 9

Numeric

0

Alternate Bank

MICR

ID

14

30

17 Numeric 0

Alternate Bank Account Number

©

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54

63

70

71

73

Transmission/Tape Interface

Package

Inbound

Files

Reference Guide

31

37 7

Numeric

0

Trade Origin

ID

0000000 =

Not

Applicable

0000100 =

NSCC

Broker/Dealer

0000101 =

NSCC

Trust

0000102 =

NSCC

Third Party

Administrator

0000200 =

DDPS

0000300 = Transmission Processing

(BULKS)

0000400 =

Hot

Wires

0000500 = Switch

0000600 = Wires

0000700 =

RFC

000070 =AOL

0000702 = CompuServe

0000703 =

MS

Marvel

0000704 =

FAN

Express

0000705 = FAB"' (Financial Asset Builder)

38

52 15

Numeric

R

NSCC

Control Number

53

1 Alpha/Num

0

NSCC

Correction Code

1

'

or

space

=

No

C

through

N =

Yes

P = Post-settlement

62 9

Alpha/Num

R

Representative Number

69

7

Alpha/Num

0 External Tracking

Identifier

70

1

Alpha/Num

0

Short-Term Trader Bypass Indicator

Y = Bypass

N =

Do

not

bypass

71

1

Alpha/Num

0 Internal Usage

72 72

1

Alpha/Num

0 Split Purchase Election Code

Y =

Yes,

split purchase based upon existing

split purchase elections

N = No, do

not

split

the

purchase

Blank=

Split Purchase Election does

not

apply

73

1

Alpha/Num

0 Right

of

Reinvestment Indicator

Y =Yes

N =

Not

Applicable

Note:

When

this field

is

set

to

V,

the

ROA

value

is

13,

This

value

is

added

to

the

cost basis

transactioh.

74 80

7

Alpha/Num

0 Unused

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Reference Guide

DP-Direct Purchase - DPAV

Detail Record 4

of

5 - Optional

This

detail

record

is used

for

contractual

account

options.

It

cannot

be

used

for

voluntary

accounts.

1 2 2 Alpha/Num R

Transaction Identifier

DP= Direct Purchase

3 3 1 Alpha/Num R

Sequence

Number

4 = Fourth Detail Record

4 4

1 Alpha/Num R

Reduced

Fee

Y= Reduced

Fee

N =Non Reduced

Fee

5 5

1 Alpha/Num R

Government Allotment Purchase

Y= Government Allotment Purchase

N

=Non Government Allotment Purchase

6 12 7 Alpha/Num

0 AFL-Financial Institution

ID

13

21

9 Alpha/Num 0 AFL-Financial Institution Branch

ID

22 30 9 Alpha/Num 0

AFL-Financial Institution Branch

Representative

ID

31 31 1 Alpha 0

AFL-Financial Institution

PCS

ROL

Code

C=clearing

E

= executing

Z =

not

applicable

32 80 49

Alpha/Num

X

Unused

DP-Direct Purchase - DPAV

Detail Record 5

of

5

1 2 2 Alpha/Num R

Transaction Identifier

DP= Direct Purchase

3 3 1 Alpha/Num R

Sequence

Number

5 = fifth detail record

4 14

11

Numeric

0

TIP

External Tracking Identifier

15

80 66 Alpha/Num 0

Unused

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Transmission/Tape Interface

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Inbound

Files

Reference

Guide

DP-Direct Purchase - DFUNP Overview

Direct purchase,

direct

payments

through

fund

(DFUNP), provides a means

of

processing purchase

transactions

where

the

shareholder's

payment

is

deposited

directly

to

the

fund's

custodial bank. The

direct

payments

through

fund

process

is

generally used

for

money

market

transactions;

however,

it

may

also be used

to

update purchase transactions in any

type

of

fund. DFUNP

is

usually available

for

redemption

immediately.

Note; The results

of

direct

purchase,

direct

payments

through

fund

(DFUNP)

transactions

post

to

the.financial

Transaction File database.

Trailer Record

Totals should be added

to

total

purchase and

total

purchase dollars in

the

trailer

record.

Related Report

Batch Transmission Errors Transaction ID: DFUNP (R02351)

DP-Direct Purchase - DFUNP

Detail Record 1

of

8

1 2 2 Alpha/Num R

Transaction Identifier

DP= Direct

Purchase

3 3 1 Alpha/Num R

Sequence

Number

1 = first detail record

4 5 2 Alpha/Num

R

Transaction

Type

02

= direct purchase-good funds

6

13

8 Numeric

R

Trade Date

(CCYYMMDD)

14 16

3 Alpha/Num

0

As-of

Reason

Code

Required

if

as-of trade date

17

25

9 Alpha/Num R

Committee

for

Uniform Securities Identification

Procedure

(CUSIP)

Number or

Fund

Code

26

1 Alpha/Num R

CUSIP

Number or

Fund

Code

used

C =

CUSIP

number

used

in position 17-25

F = fund

code

used

in position 19-25

27

46

20

Alpha/Num R Account Number

47 47

1 Alpha/Num R

Account

Number

Code

F= fund account number

used

in position

36-46

E = external account number

used

in

position 27-46

48

54

7 Numeric 0 Firm/Dealer Number

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Files

Reference Guide

63

9 Alpha/Num 0 Firm/Dealer Branch Number

(required

if

external account

number

is

used)

55

64 70 7 Numeric

R

Batch

Number

71

1

Alpha/Num

R Pre-noon/post-noon Trade

0 = post-noon

1 = pre-noon

72

80

9 Numeric X Group Number

DP-Direct Purchase - DFUNP

Detail Record 2

of

8

1 2 2 Alpha/Num R

Transaction Identifier

DP=

Direct Purchase

3 3

1

Alpha/Num

R Sequence

Number

2 = Second detail record

4 18 15

Numeric

R

Gross

Amount

(2 decimal places)

or

Total Shares (4 decimal places)

19 19 1

Alpha/Num

R

Share/Dollar Indicator

''

or

O = shares used

1 = dollars used

20

21

2 Numeric X

Discount Category

22 30 9

Numeric

X Cumulative Discount Number

31 31 1 Alpha/Num

R Certificate Issuance Code

0

=

Do

not issue certificate

1 = Issue certificate

32

32 1 Alpha/Num X

Deduct Wire

Fee

N =

Do

not

deduct fee

Y = Deduct fee

33

40

8

Alpha/Num

0

Payment Date (CCYYMMDD)

(daily accrual starts on payment date plus one day)

41 41 1 Alpha/Num

0

Sweep Indicator

(DFUNP)

O =

Not

a sweep

1 = Sweep

©

2014

DST

Systems,

Inc.

-167 •

42

44

49

Transmission/Tape Interface

Package

Inbound Files Reference Guide

42

1

Alpha/Num

0

Fee

Indicator

O=

Not

applicable

F = Flat fee

P= Percentage fee

43 43

1 Alpha/Num

X

NAV Transaction

0 =

Not

NAV

1=

NAV

44

1 Alpha/Num

X

Reduced Price Code

0 =

no

reduced

price

1 = reduced price

45

46

2 Alpha/Num

X

Exception

Code

(DPAY

and

AUTOBUY)

00 = regular purchase

01 = NAV purchase

02 = NAV purchase

06

= reduced price

08 = regular exchange

11 = good funds

12 = government direct deposit (tran code 020-002)

13 = NAV purchase (no confirmation; tran code

001-009)

14 =

NSCC

(one-sided exchange; tran code 038-012)

47 48

2 Alpha/Num

0 Exception Code

(DFUNP)

00 = no exception

01

= exception

fund

02

= exception plan

05

= automatic purchase

49 1 Alpha/Num

X

Nondeductible

IRA

1 1

or

o=

nondeductible

1 = deductible

50 50

1

Alpha/Num

X Override

Minimum/Maximum

N = do

not

override

Y = override

©

2014

DST

Systems,

Inc.

-168-

52

Transmission/Tape Interface

Package

Inbound

Files

Reference Guide

51

51 1

Alpha/Num

X

Contribution Type Code

1 = employer current year

2 = employer

prior

year

3 = employee current year

4 = employee

prior

year

5 = salary reduction current year

6 = salary reduction prior year

7 = employer salary reduction current year

8 =

employer

salary reduction prior

year

9 = Roth I

RA

conversion

A=

contribution

type

RCH

B = contribution

type

RCH

-

prior

C = contribution rollover

D = contribution rollover earnings

E=current

year

contribution

F = earnings

G =

QTSP

-

RLO

- negative earnings

H =

QTSP

-

RLO

- negative earnings value

I = non-owner - current

year

J= non-owner - prior

year

I<

=

conversion

in

L =

conversion

in

earnings

M =

conversion

in

negative

earnings

52 1

Numeric

R

Mailing Code

(required

only

if a certificate

was

issued

in

position

31

of

detail record

2)

O = certificates

to

dealer

1 = certificates

to

shareholder

2 = certificates

to

special

3 = certificates

to

dividend mail

4 =certificates

to

special

instructions

5 = certificates

to

transfer agent

6 = certificates

to

clearing agent

53

1 Alpha/Num

0

Override Purchase Hold Period

Flag

N =

Do

not

override

Y = Override

54

56

3

Numeric

0

Override Purchase Hold Period

Days

(valid only

if

Override Purchase Hold Period

flag=

Y)

000 = automatically collected

63

7 Alpha/Num

X

Exchange

11

From

11

Fund

(may

use

the

fund short literal)

78

15

Numeric

X

LOI

Contract

Amount

(2 decimal places)

©

2014

DST

Systems,

Inc.

-169-

57

64

Transmission/Tape Interface Package Inbound

Files

Reference Guide

79 80 2

Alpha/Num

0 Confirm Print Code

Y =Yes

N = No

Blank=

Not

applicable

80 80

1

Alpha/Num

Payment Code

DP-Direct Purchase - DFUNP

Detail Record 3

of

8

1 2 2

Alpha/Num

R Transaction

Identifier

DP=

Direct Purchase

3 3 1

Alpha/Num

R Sequence

Number

3 = Third detail record

4

62

59

Alpha/Num

0

Alternate

ACH

Bank Info Code

Y =

Yes

N = No

5

13 9

Numeric

Alt Bank

Mier

ID

14

30

17 Numeric

Alt

Bank Account Number Unedited

31

37

7

Numeric

Trade Origin

ID

38 52

15

Alpha/Num

NSCC

Control Number

53

1 Alpha/Num

NSCC

Correction Code

Blank= No

C=

Yes

P= Correction Post

STL

54 62

9

Alpha/Num

NSCC

Rep

Number

63

69

7 Alpha/Num 0

External Tracking Identifier

70

1

Alpha/Num

0

Short-Term Trader Bypass Indicator

Y =

Bypass

N =

Do

not

bypass

71 71

1

Alpha/Num

0

In

Plan Transfer Code

Y=

Yes

N = No

©

2014

DST

Systems,

Inc.

-170-

Transmission/Tape Interface Package Inbound Files Reference Guide

72 72 1 Alpha/Num 0 Split Purchase Election Code

Y =

Yes,

split purchase based upon existing

split purchase elections

N = No, do

not

split

the

purchase

Blank= Split Purchase Election does

not

apply

73 73 1 Alpha/Num

0

Right

of

Reinvestment Indicator

Y =Yes

N =

Not

applicable

Note: When this field

is

flagged asY,

the

ROA

value

is

set

to

13. This value

is

added

to

the

cost

basis

transaction.

74

80 7 Alpha/Num

0

Unused

DP-Direct Purchase - DFUNP

Detail Record 4

of

8 - Optional

This

detail

record

is used

for

contractual

account

options.

It

cannot

be used

for

voluntary

accounts.

1 2 2

Alpha/Num R Transaction Identifier

DP= Direct Purchase

3 3 1

Alpha/Num R Sequence Number

4

=

fourth

detail record

4

4 1

Alpha/Num R

Reduced

Fee

Y = Reduced

Fee

N = Non Reduced

Fee

5 5 1

Alpha/Num R

Government

Allotment

Purchase

Y = Government

Allotment

Purchase

N = Non Government

Allotment

Purchase

6 12 7 Numeric 0

AFL

Financial Institution

ID

13

21

9 Alpha/Num

AFL

Financial Institution Branch

ID

22

30

9

Alpha/Num

AFL

Finanicial Institution Branch

Representative

ID

31

31 1

Alpha/Num

AFL

Fl

PCS

ROL

CD

C= Clearing

E = Executing

Z

= Not applicable

32

80

49

Alpha/Num

Filler

©

2014

DST

Systems,

Inc.

-171-

Transmission/Tape Interface

Package

Inbound

Files

Reference Guide

DP-Direct Purchase - DFUNP

Detail Record 5

of

8

1 2 2 Alpha/Num R

Transaction

Identifier

DP=

Direct Purchase

3 3 1 Alpha/Num R Sequence Number

S = fifth detail record

4 14

11

Numeric

0

TIP

External Tracking Identifier

15 17

3

Numeric

0

Trade Event External Format Identifier

18 37

20

Alpha/Num

Trade Event External Identifier

38 80 43 Alpha/Num

Filler

DP-Direct Purchase - DFUNP

Detail Record 6

of

8

1 2 2 Alpha/Num R

Transaction Identifier

DP= Direct Purchase

3 3 1 Alpha/Num

R

Sequence

Number

6 = sixth detail record

4 12 9

Numeric

0

Bank

MICR

ID

13

29

17

Alpha/Num

0

Bank Account Number Unedited

30 46

17

Alpha/Num Bank

Sub

Account Number Unedited

47 80 34 Alpha/Num Filler

©

2014

DST

Systems,

Inc.

-172-

Transmission/Tape Interface

Package

Inbound Files Reference Guide

DP-Direct Purchase - DFUNP

Detail Record 7

of

8

2 2 Alpha/Num

R Transaction Identifier

DP

= Direct Purchase

1

3 3 1 Alpha/Num

R

Sequence Number

7 = seventh detail record

4

38 35

Alpha/Num 0

Bank Account Registration Line 1

39

73

35

Alpha/Num

0

Bank Account Registration Line 2

74 80 7

Alpha/Num Filler

DP-Direct Purchase - DFUNP

Detail Record 8

of

8

1 2 2 Alpha/Num R Transaction Identifier

DP= Direct Purchase

3 3 1 Alpha/Num R

Sequence

Number

8 = eighth detail record

4

38 35

Alpha/Num 0

Bank

Sub

Account Registration Line 1

39

73

35

Alpha/Num

0

Bank

Sub

Account Registration Line 2

74 80 7 Alpha/Num

Filler

©

2014

DST

Systems,

Inc.

-173-

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