(EDIT) Account Creation on Digital Platform (MFU, BSE and NSE)

Creating Client’s MFU CAN (Account)

Hello and welcome, now I am going to show you how to create a MFU CAN account for a client.

Please note, CAN is a unique Account in MFU system for any given holding pattern.

Hence, when you place request to create a new CAN, system first checks whether a CAN is already existing for the given holding pattern before proceeding with new a CAN creation.


Searching a Client Account

In case the Account Details/ MF Readiness Page is already open, then you can skip these steps and straight away jump on to:

or

  1. Once you have logged in to Wylth® IFA Portal,Click on “Contacts”, then “Client Accounts”.
  2. You can Search the Account / Account by clicking on “Filter” button and specifying filter criteria i.e. Client Name or PAN etc.
  3. Click on Apply to search.
  4. System to list down Client accounts matching the search criteria, choose the client account record and click on “MF Readiness”link.

Retrieving Client’s Existing MFU CAN

  1. To check whether CAN already exists for any client account, Click on “Digital MF Account”
  2. Then, click on “Check CAN” button under “MF Utilities Account”.
  3. In case a CAN is found matching the holding pattern, system will retrieve and map the CAN details in Wylth® system for the given client account.
  4. Once CAN is retrieved and mapped, you can proceed to “Add Bank Account” and “Debit Mandate” as shown below.

Adding Bank Account under MFU CAN

  1. Navigate to “Bank & Debit Mandate Tab”
  2. Click on “Add Bank Account” and add client’s bank account details

3. Then Click on “Save” button

4. Once a bank account has been added and “Validated” by MFU, you can add a Debit Mandate.

Adding a Debit Mandate under MFU CAN and Bank Account

  1. Click on “Add/ View Mandates”

  2. Click on “Add Mandate”, and enter the mandate details

  3. Then click on Submit

Please note that it takes up to a few hours for MFU to approve the Debit Mandates.

Creating a new MFU CAN

  1. You need to add a “Bank Account details” in order to create a new CAN, click on “Bank & Mandate”

  2. Click on “Add Bank Account” and add client’s bank account details

  3. Then Click on “Save” button

  4. Now click on “Create New CAN”, before placing a New CAN Creation request, please ensure that you have entered the Client/Holder’s Details, Nominee Details, Bank Account details and the Holders are KYC Verified.

  5. Upon successful creation of CAN, system will show CAN Number and Status as shown here.

Please note that it takes a few hours for MFU to review and update CAN status.

Setting up a new Debit Mandate for MFU CAN

  1. Once the CAN has been created and the bank account has been “Validated” by MFU, you can add a Debit Mandate.
  2. Click on “Add/ View Mandates”

  3. Click on “Add Mandate”, and enter the mandate details

4. Then click on Submit

Please note that it takes up to a few hours for MFU to approve the Debit Mandates.

Creating Client’s BSE Star MF UCC (Account)

Hello and welcome, now I am going to show you how to create a BSE STAR MF UCC account for a client.

Please note, that the IFA (Distributor or Advisor) must onboard with BSE Start MF and obtain their login credentials and API credentials, which needs to be updated on Wylth® platform to create BSE Star MF Accounts (which is known as UCC) for their clients and place Mutual Funds Transactions through Wylth® platform.

Searching a Client Account

In case the Account Details/ MF Readiness Page is already open, then you UCC skip these steps and straight away jump on to:

  1. Once you have logged in to Wylth® IFA Portal,Click on “Contacts”, then “Client Accounts”.
  2. You can Search the Account / Account by clicking on “Filter” button and specifying filter criteria i.e. Client Name or PAN etc.
  3. Click on Apply to search.
  4. System to list down Client accounts matching the search criteria, choose the client account record and click on “MF Readiness”link.

Creating a new BSE STAR MF UCC (Account)

  1. You need to add a “Bank Account details” in order to create a new UCC, click on “Bank & Mandate”
  2. Click on “Add Bank Account” and add client’s bank account details

3. Then Click on “Save” button

4. Now click on “Create New UCC”, before placing a New UCC Creation request, please ensure that you have entered the Client/Holder’s Details, Nominee Details, Bank Account details and the Holders are KYC Verified.

5. Upon successful creation of UCC, system will show UCC Number and Status as shown here.

  • Please note that it takes a few hours for BSE STAR MF to review and update UCC status.
  • The client must approve the UCC creation request (with a Mobile OTP based 2FA Verification) following an instruction sent by BSE Start MF to the client’s registered email id.
  • In case system fails to submit AOF or FATCA, please ensure that the client has approved the UCC creation request (using Mobile OTP based 2FA), once the UCC creation is approved, then you can resubmit AOF and FATCA from Wylth® platform.

Setting up a new Debit Mandate for BSE Star MF UCC

  1. Once the UCC has been created, Click on “Add/View Mandates” to add a Debit Mandate.

  2. Click on “Add Mandate”, and enter the mandate details

  3. Then click on Submit

Please note that it takes up to a few hours for BSE STAR MF to approve the Debit Mandates.

Creating Client’s NSE NMF II - IIN (Account)

Hello and welcome, now I am going to show you how to create a NSE NMF II IIN account for a client.

Please note, IIN is a unique Account in NSE NMF II system for any given holding pattern.

Hence, when you place request to create a new IIN, system first checks whether

a IIN is already existing for the given holding pattern before proceeding with new a IIN creation.

Searching a Client Account

In case the Account Details/ MF Readiness Page is already open, then you can skip these steps and straight away jump on to:

or

  1. Once you have logged in to Wylth® IFA Portal, Click on “Contacts”, then “Client Accounts”.
  2. You can Search the Account / Account by clicking on “Filter” button and specifying filter criteria i.e. Client Name or PAN etc.
  3. Click on Apply to search.
  4. System to list down Client accounts matching the search criteria, choose the client account record and click on “MF Readiness”link.

Retrieving Client’s Existing NSE NMF II - IIN (Account)

  1. To check whether IIN already exists for any client account, Click on “Digital MF Account”, Scroll down to reach “NSE MF Account” Section.
  2. Then, click on “Check IIN” button under “NSE MF Account”.
  3. In case a IIN is found matching the holding pattern, system will retrieve and map the IIN details in Wylth® system for the given client account.
  4. Once IIN is retrieved and mapped, you can proceed to “Add Bank Account” and “Debit Mandate” as shown below.

Adding Bank Account under an IIN

  1. Navigate to “Bank & Debit Mandate Tab”

  2. Click on “Add Bank Account” and add client’s bank account details

  3. Then Click on “Save” button
  4. Once a bank account has been added and“Validated” by NSE NMF II, you can add a Debit Mandate.

Adding a Debit Mandate under NSE NMF II - IIN and Bank Account

  1. Click on “Add/ View Mandates”
  2. Click on “Add Mandate”, and enter the mandate details.

  1. Then click on “Submit” button

Please note that it takes up to a few hours for NSE NMF II to approve the Debit Mandates.

Creating a new NSE NMF II – IIN (Account)

  1. You need to add a Bank Account in order to create a new IIN, click on “Bank & Mandate”

  2. Click on “Add Bank Account” and add client’s bank account details

  3. Then Click on “Save” button

4. Now click on “Create New IIN”, before placing a New IIN Creation request, please ensure that you have entered the Client/Holder’s Details, Nominee Details, Bank Account details and the Holders are KYC Verified.

5. Upon successful creation of IIN, system will show IIN Number and Status as shown here.

Please note that it takes a few hours for NSE NMF II to review and update IIN status.

Setting up a new Debit Mandate for NSE NMF II - IIN

1.   Click on “Add/ View Mandates”

Please note that the bank account must be Validated by NSE NMF for you to add a Debit Mandate.

2.   Click on “Add Mandate”, and enter the mandate details

3.   Then click on Submit

Please note that it takes up to a few hours for NSE NMF II to approve the Debit Mandates.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.