CSMS Message: 98-001066

Title:NEW SINGLE ENTRY BOND REQMTS - SUMMARIES PRIOR TO 1/1/1999
Date:1998-11-18
To:abi
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ADMINISTRATIVE MESSAGES 98-0920 (OCTOBER 16, 1998) AND 98-0943
(OCTOBER 21, 1998) PROVIDED THE SPECIFICATIONS AND CLARIFICATION FOR THE
NEW ABI ENTRY SUMMARY '21' RECORD THAT WILL BE REQUIRED FOR THE REPORTING
OF SINGLE ENTRY BOND DATA FOR SUMMARIES TRANSMITTED ON OR AFTER
JANUARY 1, 1999. FOR SUMMARIES FILED ON OR AFTER THAT DATE, THE NEW '21'
RECORD WILL BE REQUIRED WITH BOND AMOUNT AND BOND PRODUCER ACCOUNT NUMBER
DATA IF THE SUMMARY INDICATES THE USE OF A SINGLE ENTRY BOND.

PLEASE BE ADVISED THAT EFFECTIVE NOVEMBER 18, 1998, FILERS WISHING TO
PROVIDE THE '21' RECORD WITH SINGLE ENTRY BOND AMOUNT AND PRODUCER ACCOUNT
NUMBER DATA IN ADVANCE OF THE JANUARY 1, 1999 REQUIREMENT DATE MAY DO SO.
IF THE '21' RECORD IS PROVIDED PRIOR TO JANUARY 1, IT WILL BE EDITED AND
EITHER ACCEPTED OR REJECTED, AS APPROPRIATE. LACK OF A '21' RECORD FOR
SUMMARIES WITH A SINGLE ENTRY BOND WILL NOT BE CAUSE FOR REJECTION UNTIL
JANUARY 1, 1999. THIS CHANGE WILL PERMIT FILERS AND SOFTWARE VENDORS TO
USE UPDATED VERSIONS OF THEIR PROGRAMMING PRIOR TO THE REQUIRED EFFECTIVE
DATE.

ADDITIONALLY, PLEASE NOTE THAT WE HAVE BEEN ADVISED BY TRADE OPERATIONS
THAT THERE IS NO ADDITIONAL PRINT REQUIREMENT FOR THE NEW SINGLE ENTRY
BOND DATA ON THE CF7501. THE BOND AMOUNT AND PRODUCER ACCOUNT CODE WILL
NOT NEED TO BE PRINTED ON THE CF7501.

QUESTIONS MAY BE DIRECTED TO YOUR CLIENT REPRESENTATIVE.

Related CSMS No. 98-000920, 98-000943