Management Hold Exception Processing
Overview
This application is a process that does a “re-pass” for Management Hold (Exception number 87) exception items to see if they can be paid before final exception processing, and to assess fees based on whether the transactions are returned or paid.
Benefits
This application provides the functionality to automatically charge fees on these exception transactions and increase income for the financial institution.
App Information
- Version
- 1.0.0.1 - Published September 2021
Support
Request SupportSpecs
App Type: Process
Developed with DNAcreator™
Technical Name: PS_REPASSMGTHOLD
DNAX File Name: PS_REPASSMGTHOLD.dnax
Related Apps
See More-
This set of custom batch applications enables Financial Institutions to transmit and receive the necessary data files for External Sweep processing to/from External Sweep Vendor.
-
This application improves efficiency by automating the process of identifying organizations and persons with specific account types to create daily extract files for the Custodial relationships of the financial institutions.
-
The Account Qualification application analyzes account activity and updates account-level fields to indicate whether the account meets the qualifications. The account-level fields may be used by other applications to apply benefits to qualified accounts.
-
This application evaluates members to see if they are receiving direct deposit into their account that meets the threshold amount.