Courses Offered: Asset Services - Withdrawals
DTC's Withdrawals Service facilitates the transfer of book-entry and physical securities that are depository-eligible.
This course gives you a thorough understanding of the importance, benefits, and operations of DTC's Withdrawals Service.
| Course Name |
Description |
| Withdrawals Service 101: Introduction to DTC's Withdrawals Service |
- Purpose of DTC's Withdrawals Service
- Products available for physical processing within the Withdrawals Service
- Dematerialization
- Benefits of dematerialization
|
| Withdrawals Service 201: Preparing to Make a Withdrawal-by-Transfer |
- Withdrawals-by-transfer (WT)
- Key terms
- Purpose of GWIZ in the WT process
- Types of information available through GWIZ
- Benefits of using GWIZ
|
| Withdrawals Service 202: Withdrawing Registered Securities |
- WT transaction process
- Creating, modifying, and deleting a WT using the PTS function NWT1
- Canceling an updated withdrawal manuall on updated date
- Direct mail services offered by DTC
|
| Withdrawals Service 203: Urgent Withdrawals of Physical Securities |
- Types of urgent withdrawals
- Creating, modifying, and deleting a WT using the PTS function RWT1
- Purpose of the NCOB function
- Creating a COD request for bearer securities using NCOB
- Viewing the required documentation procedure for critical withdrawal requests
|
| Withdrawals Service 204: Making Withdrawals Through DWAC |
- Deposit and Withdrawal at Custodian (DWAC)
- Benefits of using DWAC
- Process flow of a DWAC withdrawal
- Entering a DWAC withdrawal using PDWC
- Approving or canceling a DWAC withdrawal using CDWC
- When to use NDWP and NDWC
|
| Withdrawals Service 205: Tracking Withdrawals |
- Tracking features available through PTS
- Accessing the withdrawal tracking functions using the PTS function WTS
- Tracking WTs the day after input using the PTS function AWTI
- Using the PTS function STSE to track updated WTs
- Using the PTS function RORP to track COD requests
- Using the PTS function POS to research and verify position
|
| Withdrawals Service 301: Dematerialization |
- Direct Registration System (DRS)
- Functions of the two DRS services
- PTS functions associated with DRS processing
- Purpose of Networking for Equities (NFE)
- NFE workflow
|
| Withdrawals Service 302: Withdrawing Government Securities |
- Government securities
- DTC process used to withdraw government securities
- Using the PTS function DO to withdraw a government security
|
| Withdrawals Service 303: Using Direct Mail Services |
- Direct mail services (DMS) available to participants
- PTS functions related to DMS processing
- Using the PTS function NWT1 to set DMS options
- Using the PTS function NWT1 to pend delivery
- Using the PTS function DMDB to cancel the delivery of certificates
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