Foundational Knowledge
_______ transfers are completed electronically, whereas _______ transfers are manual.
What is ACAT and Non-ACAT?
The Automated Customer Account Transfer System
What does ACAT stand for?
The client wants to liquidate the account at the delivering firm as part of the transfer.
What is an example of when a Non-ACAT transfer is required?
Using the Account Transfer Tool in Clientworks or filling out the F2.
What is the process for beginning a transfer?
TOAR, TARS, TOAD, TADS
What are the BETA screens used for ACAT transfers?
The location of notes on a transfer.
What is the ATDB tool or the SPAD screen in BETA?
The receiving financial institution.
Where is an Account Transfer initiated?
The SLA for an incoming ACAT transfer.
What is 1-3 days to process and 3-5 days to settle?
The document required specifically when transferring a retirement account.
What is the Letter of Acceptance or LOA?