SMSF trustees are required to use the SMSFmemberTICK service to verify the member TFN before they can roll out member benefits to another fund.
The SVS will verify the following:
The SVS will provide either a verified or non-verified response. For non-verified responses, the SVS will also advise whether the detail that could not be verified related to the SMSF or the member.
Where the fund receives a verified response, they can proceed with the rollover request.
Where the fund receives a non-verified response, they should advise the initiating SMSF/member, so they can choose to contact the ATO to confirm their details are correct. Once the details have been corrected, they can re-initiate the rollover.