SourceOfFundsTC| Description |
| Source Of Funds Choice Collection |
| Type : Complex Element |
| Definition |
| The source of funds is used to capture the result of the event or transaction that generated or created the funds, not the location or financial repository from which they were taken to satisfy the financial requirement of the transaction. Usage is not product specific. Although it is most frequently used for the initial lump sum payment on an annuity or the Cash With App payment on a life insurance policy, its use is not limited to those circumstances. |
| Parents |
| ArrangementOptProduct FundingSourceMethodsAllowed |
| Elements | |||
| SourceOfFundsTC | Source of Funds Type Code | ||