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Account Options field group

Navigation:  Deposit Screens > Account Information Screen Group > Additional Fields Screen > Additional Fields tab >

Account Options field group

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Use this field group to view and edit information about basic options on the customer deposit account.

 

daiaf_accountoptions

 

The fields in this field group are as follows:

 

Field

Description

Passbook Account

 

Mnemonic: DMPSBK

Use this field to indicate whether the customer account is a passbook account. If this field is marked, the system will include the passbook balance on the screens for the account. This option can be used for any non-checking account (the Checking field on the Deposits > Account Information > Account Information screen is left blank). A passbook is a physical book that is used to log in transactions. A passbook account is a savings account that normally requires no minimum balance, no minimum term, no specified frequency of deposits, and no notice or penalty for withdrawals.

Truncated

 

Mnemonic: DMTRUN

This feature is not currently used by GOLDPoint Systems.

Personal Account

 

Mnemonic: DMPERS

Use this field to indicate whether the customer account is a personal account (rather than a different type of account, such as a business or trust). The status of this field may affect whether the account shows up on reports, such as the Reg-E Report/Notices (FPSDR060).

Imaged Account

 

Mnemonic: DMIMAG

Use this field to indicate whether imaged statements will be created for the customer account. This option can also be adjusted on the Deposits > Account Information > Account Information screen.

 

To use the imaged statement option (Imaged Account is marked), contact GOLDPoint Systems to designate a third-party check image processor and enable the necessary system features. For a current list of vendors available for this service, see Ancillary Services in the Other section in DocsOnWeb. If GOLDPoint Systems processes your imaged statements (Institution Option OPTU - FIMG), only statement cycle codes 102-131 can be used with imaged accounts. To learn more about imaged statements, see help for the Deposits > Account Information > Check Imaging screen as well as the Check Imaging Options help page. Imaged statement features can be adjusted for individual customer accounts in the Image Fields field group on the Deposits > Account Information > Statement Fields screen.

Employee Account

 

Mnemonic: DMDEMP

Use this field to indicate whether the customer account belongs to an employee at your institution. A security option is available to restrict the viewing and processing of employee accounts. See help for FPSDR132 in the Deposit Reports Manual in DocsOnWeb for more information.

Restrict GOLDPhone

 

Mnemonic: DMGDPH

Use this field to indicate whether GOLDPhone should be restricted on the customer account. This feature is only available if your institution uses GOLDPhone. Deposit report FPSDR117 is available for your institution to view GOLDPhone activity.

Memo Post Account

 

Mnemonic: DMDMEM

Use this field to indicate whether the customer account is a memo post account. This field is only used when an institution is performing memo posting (also known as proof transactions or shadow posting) on an account. In memo posting, transaction tickets are collected, scanned, and sent in a file to GOLDPoint Systems for processing in the afterhours.

 

See the Note About Viewing Information For Memo Post Accounts on the main screen help for information about how memo post information is displayed on this screen.

Restrict GOLD HomeBanker

 

Mnemonic: DMGDIN

Use this field to indicate whether GOLD HomeBanker is restricted on the customer account. This option is only available if your institution uses GOLD HomeBanker.

Convert Account

 

Mnemonic: DMDCON

Use this field to indicate whether the customer account is being converted to another system. This field is generally for institutions selling branches (or portions of branches) to another institution.

Force Remote Banking PIN Change

 

Mnemonic: DMGDFP

Use this field to indicate whether a PIN change will be enforced on the first online access of the customer account.

Sweep Funds in/Out

 

Mnemonic: DMSWPI, DMSWPO

Use these fields to indicate whether funds should be transferred to (in) or from (out) the customer account from/to another account if the balance falls below the value specified in the Minimum Balance Limit field (see help for that field to learn how loan sweeps are processed). To maintain an account at the Minimum Balance, mark both the Sweep Funds in and Sweep Funds Out fields. Funds will then sweep in or out as needed to maintain the Minimum Balance. Funds can only be swept to or from accounts that have been properly set up in CIM GOLD.

 

To learn more about the configuration and function of sweep accounts, see the Sweep CDTs help page.

Can Account Go Negative

 

Mnemonic: DMDNEG

Use this field to indicate whether the customer account is allowed to go negative.

Bill Payer Customer Directed Transfers

 

Mnemonic: DMBPAY

Use this field to indicate whether the customer account is eligible to pay bills through the Customer Directed Transfers screen using Bill Payer as the Distribution Type. This field must be marked before Bill Payer records can be set up for the customer account.

Skip E-ACH Monetary Holds

 

Mnemonic: DMSEMH

Use this field to indicate whether to skip monetary holds for individual accounts when posting eACH batches (ACH batches originated through GOLD HomeBanker). If Institution Option MHEA is enabled, the program will automatically place monetary holds on all your institution's account eACH batches. Marking this field stops monetary holds for eACH batches from being placed on a specific account. If Institution Option MHEA is disabled, monetary holds will never be placed on any of your institution's eACH batches, and this field is not applicable.

 

For more information about holds, see help for the Deposits > Account Information > Funds Holds screen.

Never Automatically Close Account

 

Mnemonic: DMNACL

Use this field to indicate whether a customer account with balance of zero (0) will automatically close. Marking this field also allows your institution to open a customer account with a balance of zero (0). If this field is marked, an account can still be closed using a closing withdrawal or file maintenance transaction in GOLDTeller. If Institution Option OPTU-ACZB is enabled, this field will not be file maintainable for checking accounts (the Checking field on the Deposits > Account Information > Account Information screen).

Deposit Delay

 

Mnemonic: DMDDEP

Use this field to indicate whether the customer account uses deposit delay. Deposit delay requires all checks deposited into the customer account to be held a specified number of days before the customer can use the funds. When this field is marked, no interest is calculated during the hold. See below for more information.

 

Your institution determines how long to delay deposited check funds. Your institution may have different hold lengths based on whether the check is local or non-local. GOLDPoint Systems enters your institution's hold requirements using any of the institution options discussed on the Deposit Delay Institution Options help page.

 

If no uncollected fund amounts are entered for the teller transaction in the Local or Non-Local teller fields, and the customer account uses deposit delay (this field is marked), all checks will be held the number of days specified in NDLC (discussed on the Deposit Delay Institution Options help page) as a default. If some amounts are entered but not the total amount of the checks, the difference will also be held as Local funds. For example, your institution requires non-local checks that are more than $2,000 to be held for five days until funds are available to deposit delay customers. Additionally, your institution requires Local checks to be held two days until funds are available to deposit delay customers. In GOLDTeller, the teller enters the total amount of the check ($5,000) in the Tran and Check In fields, but then enters $3,000 of the check into the Non-Local field to be held for five days. The funds on the $3,000 are available to the customer in five days, but the other $2,000 are available in two days (due to the Local hold still required for deposit delay customers).

 

If the customer account is a memo account (the Memo Post Account field above is marked) deposit delay will not be entered online. It will be entered when the proof transaction is sent (In memo posting, transaction tickets are collected, scanned, and sent in a file to GOLDPoint Systems for processing in the afterhours).

 

To learn more about deposit delay for individual customer accounts, see help for the Deposit Delay field group on the Deposits > Account Information > Funds Holds screen.

Positive Pay

 

Mnemonic: DMPSPY

Use this field to indicate the Positive Pay status of the customer account. See below for more information.

 

Possible selections in this field are "Y-Yes," "N-No," and "W-Warning." The "Y" and "N" codes are used to indicate whether Positive Pay has been turned on for the customer account. The "W" code indicates that checks that would have been rejected by Positive Pay errors will be posted with a warning instead. The Positive Pay Activity Report (FPSDR165) will display which checks were cleared, which checks were rejected, and which checks were posted with a warning.

 

This field is only available for customer accounts that use Positive Pay and have the checking feature enabled (the Checking field on the Deposits > Account Information > Account Information screen is marked). Positive Pay is a GOLDPoint Systems tool that provides added security when clearing checks. Positive Pay helps your customers monitor specific check numbers before allowing them to be withdrawn from their accounts. Any checks not meeting the Positive Pay requirements are rejected. See the Deposits > Account Information > Positive-Pay Checklist screen for more information about Positive Pay.

Account Analysis

 

Mnemonic: DMAANL

Use this field to indicate whether the customer account uses account analysis. Once this field is marked, the Deposits > Account Information > Commercial Account Analysis screen can be used. This also requires that institution analysis setup records be created, which necessitates placing the appropriate default number in the Analysis Default field below. Changing this field from marked to blank will delete any existing account analysis record and any related services already accumulated.

Analysis Default

 

Mnemonic: DMDEFL

Use this field to indicate a valid analysis default number to use on the customer account. This will be the default analysis used when setting up costed services on the Deposits > Account Information > Commercial Account Analysis screen for an account. The possible values for this field are numbers 0-9999.

 

If the Account Analysis field is marked above, this field will be file maintainable. In order for the Commercial Account Analysis screen to be used on an account, institution analysis setup records must first be created. This requires changing the Account Analysis field from blank to marked and placing the appropriate default number in this field.

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