Overview (Debit Order Umbrella Fund)

This product caters for products that have a high number of employers where the relationship between employer and member is, in many cases, one to one (e.g. domestic workers, farm employees).

 

It provides for the processing of individual membership applications from employers, the printing of membership certificates, the collection of monthly contributions from all employers at the same time, and the payment of broker commission.

 

Intermediary

Refer to Intermediary Details under

Product Launch Requirements

Product Launch

Debit Order Umbrella

 

Refer to Associate Intermediary to Pay Centre under

Product Launch Requirements

Additional menu Options

Pay Centres

 

For details on setting up Commission Expenses, refer to Global Data Type under

Infrastructure

System Data

System Data

 

Collection Instruction

Refer to Collection Instruction under

Product Launch Requirements

Additional menu Options

Pay Centres

 

Refer to Add a new Collection Instruction under

Product Launch Requirements

Additional menu Options

Pay Centres

 

Refer to

Processes

Debit Orders

  Creating Collection Instructions

 

Security

Refer to Security Setup for Payment Details under

Product Launch Requirements

Product Launch

Debit Order Umbrella