Field

Description

Force Post NSF Check Charges With/Without Warning

Mnemonic: OOFCCW, OOFCCCN

Institution Option: FCCW, FCCN

Use these checkbox fields to indicate whether you want ACH debits for check charges that are non-sufficient funds to be posted to the account and shown in the exceptions file with a warning, or whether these debits should not be shown in the exceptions file at all. Mark one checkbox or the other, but not both.

Check charges are processed for purchasing checks by your customers and can't be returned.

Force Post NSF Inclearings With/Without Warning

Mnemonic: OOFINW, OOFINN

Institution Option: FINW, FINN

Use these checkbox fields to indicate whether you want inclearing check items that are non-sufficient funds to be posted to the account and shown in the exceptions file with a warning, or whether these items will be posted to the account and not be shown in the exceptions file at all. Mark one checkbox or the other, but not both.

Force Post NSF ATM Transactions With/Without Warning

Mnemonic: OOFATW, OOFATN

Institution Option: FATW, FATN

Use these checkbox fields to indicate whether you want ATM debit transactions that are non-sufficient funds to be posted to the account and shown in the exceptions file with a warning, or whether these debit transactions will not be shown in the exceptions file at all. These items cannot be returned. Mark one checkbox or the other, but not both.

Force Post NSF ACH Transactions With/Without Warning

Mnemonic: OOFACW, OOFACN

Institution Option: FACW, FACN

Use these checkbox fields to indicate whether you want ACH debit transactions that are non-sufficient funds to be posted to the account and shown in the exceptions file with a warning, or whether these debits will not be shown in the exceptions file at all.

Use NSF History - Inclearings/ACH

Mnemonic: OONFHA, OONFHW

Institution Option: NFHA, NFHW

Use these checkbox fields to indicate whether you want history items to be entered on each account for non-sufficient funds ACH and/or inclearing transactions. The description for the history item will show “REJECTED ACH” or "REJECTED CHK," followed by the ACH amount or the amount of the check and check number. A fee can also be charged using the fee amount in the Automatic A/H NSF Fee Amount field on the Deposits - Descriptors and Fees tab and using the Charge NSF Fee option (see below). Rejected ACH items are shown in GEM.

Charge NSF Fee A/H - Inclearings/ACH Only

Mnemonic: OONIFE, OONSFE

Institution Option: NIFE, NSFE

Use these checkbox fields to allow fees to be charged in the afterhours only for either Inclearing or ACH transactions rejected for non-sufficient funds. A fee can also be charged using the fee amount in the Automatic A/H NSF Fee Amount field on the Deposits - Descriptors and Fees tab. These checkbox fields must be used in conjunction with their corresponding Use NSF History checkboxes (see above).

Charge NSF Fee - Negative ATM/POS

Mnemonic: OONSFF

Institution Option: NSFF

If this checkbox is marked, non-sufficient funds fees will be assessed when an ATM or POS transaction takes the account negative (or makes it more negative). Other options for the De-minimis and Minimum Transaction amounts (see below) should also be set in order to meet FDIC best practices for courtesy overdraft on ATM/POS transactions.

Negative Charge Applies to ATM Only

Mnemonic: OONATM

Institution Option: NATM

Mark this checkbox field if you want to only charge an afterhours fee on ATM transactions that take an account negative. If this box is not checked, all transactions (including ATM transactions) that cause an account to go negative will be charged a fee; however, the fee cannot exceed the amount in the Negative Charge Limit Per Day field below.

Post Service Charge if Negative

Mnemonic: OONGCH

Institution Option: NGCH

Mark this checkbox field if you want to charge a fee on all transactions that take an account negative based on the amount in the Automatic A/H NSF Fee Amount field on the Deposits - Descriptors and Fees tab. A daily limit can be set up for your institution using the Negative Charge Limit Per Day field below.

Warning in GEM for Negative Amount

Mnemonic: OONGGM

Institution Option: NGGM

This option is used for accounts that go negative in the afterhours or in immediate ACH posting during the day. Mark this checkbox if you want all transactions that take accounts negative or more negative to be sent to GEM so that you can print a notice for your customers.

If this option is not set, accounts using negative limits are not considered an exception and will not go to GEM if the account goes negative or stays negative after a deposit transaction.

The following conditions will cause the account to go to GEM regardless of this option being set:

•Institution option OPTM (Force Post With Warning) is set.

•Overriding a condition on accounts with negative balances.

Negative Charge Limit Per Day

Mnemonic: OONGLP

Institution Option: NGLP

This option is only used on personal accounts. Use this field to indicate the default limit for the number of times accounts can be assessed a daily negative charge. This option can be used only if the Post Service Charge if Negative field above is also checked. For example, if you enter "5" in this field, only five service charges will be assessed to any account per day, even if more transactions are processed.

This limit applies to immediate-post ACH withdrawals and other afterhours debits, such as inclearing checks.

Minimum Transaction Amount for Negative Fee

Mnemonic: OOFMIN

Institution Option: FMIN

This option is only used on personal accounts. Use this field to indicate the minimum amount a transaction can be to ignore the negative balance fee. This option can be used to help you comply with the FDIC best practices for Regulation E.

Example: If this option is set to $5.00 and a transaction for $4.50 is presented that will take the account more negative but within this limit, the transaction will process and a fee will not be assessed.

De-Minimis Amount for Negative Fee

Mnemonic: OODMIN

Institution Option: DMIN

This option is only used on personal accounts. This field indicates the de-minimis overdraft amount based on account balance. This option will be used on ATM/debit, checks, and ACH transactions and can be used to help you comply with the FDIC best practices for Regulation E. Your institution should specify daily limits on overdraft fees and consider eliminating overdraft fees for transactions that overdraw an account by a de-minimis amount.
 
Example: An ATM transaction for $5.00 is presented to your bank for a customer that has a $4.50 balance with 50 cents available in their negative limit. If the institution option was set to $.75, the transaction will post to the customer’s account without the negative charge. A transaction for $5.26 or more will be accepted, based on the negative limit; and, if funds are available, the fee and transaction will be processed because it is 1 cent over $.75. Subsequent transactions will use the same calculation by using the de-minimis amount for the difference in the balance and the negative amount used for each transaction.

Large Check Amount

Mnemonic: OOLCAR

Institution Option: LCAR

Use this field to indicate the amount of a single check that you want displayed in the exceptions file for a large check amount. The check will post to the account but show in GEM for your review.

GOLDPoint Systems must set institution option LGCK for your institution before this amount is valid. Once LGCK is set, you can change this amount any time. Send in a work order to have this option set.

Stop Payment Fee

Mnemonic: OOSTPF

Institution Option: STPF

Use this field to indicate the amount for your institution's stop-payment fee. This fee is used for CIM GOLD stop payments. Stops added in CIM GOLDTeller and stops added by your Web users also use this amount.

Changing this field does not change it in Platform, on your disclosure, or on your website advertisement. You must submit work orders to get the amount changed if you use these products.

Show Prenotes in GEM

Mnemonic: OOPREX

Institution Option: PREX

All incoming ACH Prenote exceptions with any errors will always be shown in GEM, including any account number errors or errors due to closed or non-existing accounts. If this checkbox is marked, then prenote errors and “Prenote not Found or Duplicated” exceptions will also show in GEM.

Post Duplicate Checks

Mnemonic: OOPDCK

Institution Option: PDCK

Mark this checkbox to host post duplicate checks instead of rejecting them to GEM. If this option is set, you will see “Duplicate Check” as the primary reason on the Process Exception Items screen, and they will show as host posted when this is the only reason they are in GEM. If there are any other reasons for exceptions, such as stop payments, uncollected funds, etc., checks will not be posted, and you need to look at the Exception Messages tab on the Process Exception Items screen to determine what to do with the items.