Manage Check Holds

This app provides a mechanism by which the Financial Institution may override the standard check holds schedule when necessary.

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In stock
SKU
SOFTAPP0375
Developed By: Fiserv
Version: 1.0.0.0 - Published March 2021

Manage Check Holds​ App allows for all or part of a check hold to be released so that those funds are available immediately or on specified date.

 

Benefits

The Check Hold Removal screen provides a mechanism by which the Financial Institution may override the standard check holds schedule when necessary. 

  • Update the release date for the hold and make the funds available at a different time.
  • Users will be able to set the release date as the current system date to remove the hold immediately, or to a date in the future.
  • In addition, the hold amount will be able to be updated, so that the full amount of the hold can be removed, or a partial amount can be removed.
  • This will allow an individual transaction's hold to be removed without releasing the other holds that have been combined with it.
  • When using this screen, the Financial Institutions are not able to tie back the amount released to a specific transaction.
  • Funds availability information is not reflected accurately when reprinting deposit receipts.

DNAapp Type: New Screen

Developed with DNAcreator™ ​

Technical Name: ChkHldRemoval ​

DNAX File Name: ChkHldRemoval.dnax

  • ​ ​DNA 4.6.1 or higher.
  • Oracle 12c
  • If the Financial Institution has the Check Hold Release Screen (PS_CheckHoldRelease) DNAapp installed, it must be uninstalled prior to installing this application. ​

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