Which of the following would you do if you receive a transfer - ProProfs
     

Which of the following would you do if you receive a transfer requesting dollars from a non money market fund?



A. Suspend the item for one day in BACKDATE status for same day dollar
B. Process the request like normal
C. Give the item to a Senior to process outside of AWD
D. Suspend the item for one day in UPDATED status for same day dollar

This question is part of Transfer Quiz

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1 Answer

jkeslar

Jkeslar

Answered on Mar 29, 2019

Suspend the item for one day in BACKDATE status for same day dollar

We can only process transfers as shares from non money market funds. Requests for dollars must be held for one day to determine the value of the shares.
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