Step 1 – Go to ACEINDIA.com 1.Go to 2.Click on C & S Login The Clearing and Settlement window would appear
1.Enter your User Id and Password provided by Ace Commodity Exchange 1.Once logged in, the home page will appear Step 2 – Login to C & S system
Step 3 – Manual Bank Transaction (MBT) Click on Manual Bank Transactions (MBT) under the Settlements menu
Click on Add RecordClick on the find option and the Registered Settlement Account ( Bank) will be displayed. Step 4 – MBT
Choose your registered Settlement account (Bank) (provided to the exchange by member) Choose the Type of Transaction 1.ABC PAY IN 2.MTM PAY IN Enter the Amount required Step 5 – MBT : Increase ABC / MTM
Scroll down and click on Save 1.Click ok to Save 2.Also note that the Live Status of your request is available online here Step 6 – MBT
Step 7 – MBT The saved request is sent to the bank. – (Status type : Bank pending) The bank based on the fund in the Members A/c approves or disapproves the request – (if Status Type is Approved : Exchange pending) – (if Status Type is Disapproved: Reject)fresh request needs to be placed Once Exchange confirms, the member is given the Exposure in case of ABC Payin or in case of MTM, shortages are cleared to the extent of the requested amount. – (Status Type: Confirmed)