Dividend posting frequencies can be changed by going into
Tool #194 Certificate Products Configuration and entering a new code that is not currently being used in the
Payment/Transfer Codes field. Then click the forward arrow to continue.
Once the configurations have been filled in on the next screen, click the forward arrow to save/continue.
The current pre-configured system options include:
- (M) Monthly
- (Q) Quarterly
- (A) Annually
- (S) Semi-Annually (6 Months)
The frequency code can then be applied through the Application type portion of
Tool #194 Certificate Products Configuration and updating the 'Dividend payment frequency' within the application type configuration.