Certificate Renewal Options

Quick References Teller Transactions Codes Certificate Renewal Options

These codes define how certificates are handled upon renewal.

Code Description
Code 1 1 – Automatically Renew
2 – Close and Transfer Balance to Shares
3 – Close and Send Check
4 – Leave as Is
Code 2 1 – Print Renewal Confirmation Upon Renewal
2 – Do not Print Renewal Confirmation
Code 3 1 – Increment Certificate Number on Renewal
2 – Do not Increment Certificate Number
Code 4 1 – Renew at Current Dividend Date
2 – Renew at Original Dividend Date