Insufficient Loan Payment Funds
By Fiserv
This DNAapp assesses a service charge against accounts where a loan payment allotment has failed after a specified number of days. The application also has the ability to produce notices when a service charge is assessed.
The Insufficient Loan Payment Funds application assesses a service charge against accounts where a loan payment pre-authorized transaction has failed after a specified number of days. The application also has the ability to produce notices when a service charge is assessed.
Benefits
This application may increase fee revenue and decrease manual handling by automating the collection of NSF service charges for failed loan payments.
App Information
- Version
- 1.0.1.0 - Published July 2022
Support
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DNAapp Type: Batch Application
Developed with DNAcreator™
Technical Name - PS_FAILEDALLOTNSFS
DNAX File Name: ps_failedallotment.dnax