Cash Processing a. Provide the Investment Adviser, sub-adviser(s), and/or delegate with a daily report of cash and projected cash;
Cash Processing a. Maintain cash and position reconciliations with custodian(s) and prime brokers.
Cash Processing. Assist Fund Accounting/Custody/Transfer Agency in resolving cash movement discrepancies • Oversee and assist with daily Fund Accounting cash projections for the Funds • Oversee and assist with daily internal cash projection process for same day settle fixed income funds • Oversee and assist with vendor Custody/Fund Accounting cash and security reconciliations
Cash Processing. For the first 2 months after the first Utilisation Date, the Parties together with Fidelity and First National Bank, shall hold weekly meetings to monitor, analyse and optimise the cash processing system.
Cash Processing. 1) Prepare wires for payment of the Funds’ operating expenses and other miscellaneous Fund expenses.
Cash Processing a. Provide GCCM, the sub-adviser(s), and/or delegate with a daily report of cash and projected cash;
Cash Processing. (i) Contractor will provide Cash Processing services, which will include processing and posting of all Company cash receipts, including those related to customer usage xxxxxxxx, manual invoices issued to external parties, and other remittances/ monies received.
Cash Processing. Description: GSS will provide detailed cash projection information via web based real time Internet product Workbench (www.workbench.mellon.com) eaxx xxxxxxx xx 0 x.x.
Cash Processing. Core Cash Receipts • Receive all Customer Client credits in Customer’s settlement GL or DDA, as required. • Process credits to Accounts. • After System posting, include proceeds as part of Daily Net Settlement with Customer. • Provide Customer on-line access to SEI Trust’s DDA maintained for Customer. Core Cash Disbursements • Establish one time and recurring distribution records on System. • Ensure cash disbursement request is covered through available funds in Account (sweep or actual cash). • Confirm cash disbursements and post to Accounts as intended. NOTE: SEI Trust reserves the right to charge Customer for overdraft fees at the then current rates. • Print and mail checks, in accordance with Cash Disbursement entries posted by Customer in System. • Process outgoing wires and ACH transactions, in accordance with Cash Disbursement entries posted by Customer in System. • Perform ARP services with SEI Trust’ relationship bank. • Process and mail ACH disbursement advices. NOTE: SEI Trust mails all checks via US Postal service. Priority shipments will be sent using SEI Trust’s preferred carrier provider. Customer shall be responsible to reimburse SEI Trust for all priority mailing costs incurred by SEI Trust on Customer’s behalf. All priority mailing costs are subject to prevailing carrier rates Core Outstanding Check/Void Stop Payment Processing • Verify outstanding checks against System transactions. • Provide Instructions to SEI Trust regarding void/stop payments. • Request check reissues as necessary. • Contact payee to inform them of outstanding checks. • Escheat funds for outstanding checks to state agencies as required. • Provide Customer with a monthly list of stale and outstanding checks. • Reconcile outstanding checks to SEI Trust DDA. • Process stop payment/void requests in accordance with standards published in SEI Trust’s operating guide. Core Automated Daily Net Settlement Program • Reconcile current day cash transactions to the settlement report • If necessary, correct transactions in System. • Communicate to SEI Trust any • Create settlement reports and transmit to Customer. • Initiate daily net settlement wire, as necessary. THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI TRUST Execution Version 130844 Core/ Optional Customer’s Roles & Responsibilities SEI Trust Services adjustments to the settlement report. • Initiate or verify receipt of daily net settlement wire Core Cash Reconciliation • Reconcile Cash movement related transac...
