Quick Links

Commissions (COM)

Commissions (COM) transmits information regarding agent commission and compensation payments from insurance carriers to distributors for annuity and life insurance products. It also provides same-day money settlement.  

Using a mainframe or Internet connection, insurance carriers can electronically send one or more files a day containing commission information to DTCC’s National Securities Clearing Corporation (NSCC) subsidiary, which then routes the information to the distributors and settles the monetary payments.

 Commissions Schematics

Filter resources:
Order Resources by
back to top