CERR - Entering Instructions for Exempt Issues for CD Early Redemptions in PBS

Use the following procedures to enter redemption instructions for issues that are exempt from interest and penalties.

  1. From the Corporate Action Services home page, go to the Instructions and Inquires section, and click CD Early Redemption Requests.

    If prompted, enter your user ID and password.

    The CD Early Redemption Request Menu page appears.

  2. In the Option field, select 1 - Enter New Exempt Instructions from the drop-down list.

  3. In the CUSIP field, type the CUSIP number of the CD for which you are submitting an early redemption request.

  4. In the Historical field, accept the default. ("No" is the default).

    Note

    Group users can also type a participant number in the Participant field . (optional)

  1. Click Submit.

    The CD Early Redemption - Exempt CD Early Redemption Trans Submission page appears.

  2. In the Quantity field, type the quantity of the CD that you are redeeming.

  3. In the Contact Name and Contact Phone fields, type your name and phone number.

  4. In the Comments field, type any comments you deem appropriate to the early redemption.

  5. Click Submit.

    The CD Early Redemption - Exempt CD Early Redemption Comments page appears.

  6. In field A, type the name of the beneficial owner.

  7. In fields B or C, click the adjacent checkbox to enter the reason for the early redemption.

  8. Acknowledge either statement D or E by typing the letter "A" in the parentheses next to the appropriate statement.

  9. Click Submit.

    A message appears to inform you that your instructions have been transmitted to DTC.