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General tab

Navigation:  Deposit Screens > Definitions Screen Group > Product Codes Screen >

General tab

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Use this tab to indicate the basic features and options of the product being created/edited. For more information about creating product codes, see the Entering Product Codes help page.

 

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Deposits > Definitions > Product Codes Screen, General Tab

 

The fields on this tab are as follows:

 

Field

Description

Use Uncollected Funds

 

Mnemonic: PCDUCF

Use this field to indicate whether the product uses uncollected funds (UCF).

 

To learn more about UCF, see the Uncollected Funds Types and Options help page. UCF are set up on individual customer accounts from the Uncollected Funds and Deposit Delay tab of the Deposits > Account Information > Funds Holds screen as well as the Uncollected Funds Options field group on the Deposits > Account Information > Additional Fields screen.

Enforce Uncollected Funds Options

 

Mnemonic: PCDSFH

Use this field to indicate whether the product enforces uncollected funds (UCF) options.

 

To learn more about UCF, see the Uncollected Funds Types and Options help page. UCF are set up on individual customer accounts from the Uncollected Funds and Deposit Delay tab of the Deposits > Account Information > Funds Holds screen as well as the Uncollected Funds Options field group on the Deposits > Account Information > Additional Fields screen.

Do New Account UCF Holds

 

Mnemonic: PCDSNH

Use this field to indicate whether the product uses new account uncollected funds (UCF) holds.

 

To learn more about UCF, see the Uncollected Funds Types and Options help page. UCF are set up on individual customer accounts from the Uncollected Funds and Deposit Delay tab of the Deposits > Account Information > Funds Holds screen as well as the Uncollected Funds Options field group on the Deposits > Account Information > Additional Fields screen.

Use Extended UCF Holds

 

Mnemonic: PCDSEH

Use this field to indicate whether the product uses extended uncollected funds (UCF) holds.

 

To learn more about UCF, see the Uncollected Funds Types and Options help page. UCF are set up on individual customer accounts from the Uncollected Funds and Deposit Delay tab of the Deposits > Account Information > Funds Holds screen as well as the Uncollected Funds Options field group on the Deposits > Account Information > Additional Fields screen.

Unspecified Hold Expires Today

 

Mnemonic: PCDSUT

Use this field to indicate whether the product holds unspecified amounts for one day. If an uncollected funds (UCF) hold is entered during a transaction that is not specified as local or non-local, that hold will expire at the end of the present day if this field is left blank. If this field is marked, the unspecified hold will be ignored.

 

To learn more about UCF, see the Uncollected Funds Types and Options help page. UCF are set up on individual customer accounts from the Uncollected Funds and Deposit Delay tab of the Deposits > Account Information > Funds Holds screen as well as the Uncollected Funds Options field group on the Deposits > Account Information > Additional Fields screen.

Show if Drawn on Uncollected Funds

 

Mnemonic: PCSHUF

Use this field to indicate whether the user of the product is informed when withdrawals are made on uncollected funds (UCF) in GOLD ExceptionManager.

 

To learn more about UCF, see the Uncollected Funds Types and Options help page. UCF are set up on individual customer accounts from the Uncollected Funds and Deposit Delay tab of the Deposits > Account Information > Funds Holds screen as well as the Uncollected Funds Options field group on the Deposits > Account Information > Additional Fields screen.

Memo Post Capable

 

Mnemonic: PCDMEM

Use this field to indicate whether the product is capable of memo posting. In memo posting, transaction tickets are collected, scanned, and sent in a file to GOLDPoint Systems for processing in the afterhours.

 

This feature can be adjusted for individual customer accounts in the Account Options field group of the Deposits > Account Information > Additional Fields screen.

Restrict GOLDPhone

 

Mnemonic: PCGDPH

Use this field to indicate whether the product will allow GOLDPhone usage. This feature can be adjusted for individual customer accounts in the Remote Banking Fields field group on the Deposits > Account Information > Additional Fields screen.

Restrict Internet

 

Mnemonic: PCGDIN

Use this field to indicate whether the product will allow the use of your institution's online banking feature. This feature can be adjusted for individual customer accounts in the Remote Banking Fields field group on the Deposits > Account Information > Additional Fields screen.

Can Account Go Negative

 

Mnemonic: PCDNEG

Use this field to indicate whether the product is allowed to go negative. The Negative Balance Limit field below determines how low a product account balance is allowed to go. This information can be adjusted for individual customer accounts in the Negative Fields field group on the Deposits > Account Information > Account Information screen.

Personal Account

 

Mnemonic: PCPERS

Use this field to indicate whether the product is a personal account. If this field is left blank, the product will be classified as a business or non-personal account. This information can be adjusted for individual customer accounts in the Account Options field group on the Deposits > Account Information > Account Information screen.

Employee Account

 

Mnemonic: PCDEMP

Use this field to indicate whether the product is an account for employees at your institution. This information can be adjusted for individual customer accounts in the Account Options field group on the Deposits > Account Information > Account Information screen.

Passbook Account

 

Mnemonic: PCPSBK

Use this field to indicate whether the product is a passbook account. This information can be adjusted for individual customer accounts in the Account Options field group of the Deposits > Account Information > Additional Fields screen.

 

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. Each institution can use a passbook for any non-checking account.

Skip E-ACH Holds

 

Mnemonic: PCSEMH

Use this field to indicate whether the product skips placing e-ACH monetary holds (ACH batches originated through the GOLD HomeBanker). If Institution Option MHEA (place monetary holds on ACH batches) is disabled, then this field is not applicable to your institution.

 

Monetary holds are entered for individual customer accounts using an amount and a description for each individual hold on the Deposits > Account Information > Funds Holds screen. Holds will automatically drop in the afterhours processing the morning of the expiration date.

Show Pending Items

 

Mnemonic: PCPNIC

Use this field to indicate whether pending inclearing checks and incoming ACH transactions on the product will appear on your institution's website for customers to view. See below for more information.

 

To preview inclearing items by creating Internet-viewable items on customer accounts that use remote banking services, institution option (OP09 - INCW, Create Check List for WWW Check Accounts) must be turned on. When the option is set and this field is marked, items will be created and displayed daily for incoming check batches. These items will only be available the day they are received. Each night during the afterhours, the previous day's items will be deleted.

 

This feature cannot be set on Certificate accounts.

 

The Restrict Internet field above must be left blank in order to use this feature. Service charges for this feature can be set up through the Deposits > Account Information > Commercial Account Analysis screen. A monthly service charge can be used (CHKLST) when the Restrict Internet field is marked. These items can be seen by your institution's personnel on the Pending Items screen.

 

This feature can be adjusted for individual customer accounts in the Remote Banking Fields field group on the Deposits > Account Information > Additional Fields screen.

Never Automatically Close Account

 

Mnemonic: PCNACL

Use this field to indicate whether the product will automatically close if its balance becomes zero. See below for more information

 

Marking this field allows accounts with the product code to be opened with a balance of zero.

 

A customer account with this feature enabled can still be closed using a closing withdrawal or file maintenance transaction in GOLDTeller. Once the customer account is closed, the word “CLOSED” will appear in the Account Status field in the upper-left corner of most Deposit screens.

 

If Institution Option OPTU-ACZB (auto-close checking on zero balance) is enabled, then this feature cannot be enabled on any Checking accounts.

 

If a customer account is charged a service charge, and there are not enough funds in the account to cover the fee, the information in the Service Charge NSF Code field on the Deposits > Account Information > Service Charge Fields screen will be taken into account. If the field is set to “B - Take Bal and Close Unless Checking,” the customer account will close regardless of the status of this field.

 

This information can be adjusted for individual customer accounts in the Account Options field group of the Deposits > Account Information > Additional Fields screen.

Force PIN Change

 

Mnemonic: PCGDFP

Use this field to indicate whether the product forces a PIN change on customers. If this field is marked, a PIN change will be forced the first time a customer accesses remote banking options (GOLDPhone or GOLD HomeBanker through your institution's website), if GOLDPhone and Internet usage isn't restricted (see above).

Deny Remote Banking Transfers

 

Mnemonic: PCGPXF

Use this field to indicate whether the product will allow remote banking transfers (through GOLDPhone or your institution's website), if GOLDPhone and Internet usage isn't restricted (see above).

General Category

 

Mnemonic: PCGENL

Use this field to indicate the major classification of the product. See below for more information.

 

This field is used in regulatory reporting. Possible selections in this field are:

 

01 - Transaction Account

02 - Time Deposit

03 - Public Funds

04 - Retirement Account

05 - Regular Savings

06 - MMDA Account

07 - Telephone Funds/CDT

08 - NOW

09 - Non-Interest Bearing

10 - Super NOW

11 - Jumbo

12 - Uninsured Borrowings

13 - Brokered Account

 

To learn more about General Category codes, see help for the Daily Regulation D Report (FPSDR011) on DocsOnWeb. This feature can be adjusted for individual customer accounts in the Account Options field group on the Deposits > Account Information > Account Information screen.

Sub Category

 

Mnemonic: PCSUBC

Use this field to indicate a sub-category classification of the product for use in regulatory reporting. This is not a required field. See below for more information.

 

The codes in this field identify the properties of the product in addition to its main classification in the General Category field above. These codes are necessary for the RC-E Commercial Bank Report. Possible selections in this field are:

 

01 - Public Funds

02 - Jumbo

03 - Repossession

04 - Brokered Account

05 - U.S. Government

06 - States and Political Subdivisions - U.S.

07 - Commercial Banks - U.S.

08 - U.S. Branches of Foreign Banks

09 - Other Commercial Banks - U.S.

10 - Other Depository Institutions - U.S.

11 - Banks in Foreign Countries

12 - Foreign Branches of Other U.S. Banks

13 - Other Banks in Foreign Countries

14 - Foreign Governments and Official Institutions

15 - Certified and Official Checks

16 - Bearer Instrument

17 - Lifeline Account

 

To learn more about Subcategory codes, see help for the Schedule RC-E/RC-O Report (FPSDR112) on DocsOnWeb. This feature can be adjusted for individual customer accounts in the Account Options field group on the Deposits > Account Information > Account Information screen.

Deposit Type

 

Mnemonic: PCDPTP

Use this field to indicate a code number classification of the product's account type. This field is generally used as a posting field for the General Ledger and in sorting and subtotaling on reports. A G/L posting number must be set up on the GOLD Services > General Ledger > Autopost Parameters screen before it can be used in this field.

 

Possible values in this field are numbers 1-99. This code number is institution-defined.

User Defined Fields

 

Mnemonic: PCUSER

Use these fields to indicate any additional numeric data your institution would like to include in the creation of the product. There are eight User Defined fields on this screen.

Minimum Balance Limit

 

Mnemonic: PCMBNL

Use this field to indicate the lowest balance your institution allows for the product. This amount is used as a threshold amount or limit when processing transactions against this account. See Minimum Balance Limit Information for more information.

Negative Balance Limit

 

Mnemonic: PCNGLM

Use this field to indicate the lowest account balance the product will be allowed to reach if it is allowed to go negative (the Can Account Go Negative field above is marked). See below for more information.

 

The following conditions will cause a customer account to appear in GOLD Exception Manager:

 

•Institution Option OPTM (Force Post Without Warning)

•Overriding a condition on customer accounts with negative balances

 

If this feature is enabled, the teller will receive a notification if a transaction will take a product negative.

 

This information can be adjusted for individual customer accounts in the Negative Fields field group on the Deposits > Account Information > Account Information screen or the Balance and Limit Information field group on the Deposits > Account Information > Additional Fields screen.

 

This field is necessary to set up a sweep account. To learn more about the configuration and function of sweep accounts, see the Sweep CDTs help page.

Sweep Minimum Balance

 

Mnemonic: PCMNSW

Use this field to indicate the lowest account balance the product will be allowed to reach before the system transfers funds from another customer account to bring the product's account balance to the value in the Minimum Balance Limit field above. Open the link below for more information. See Minimum Balance Limit Information for more information.

Next Product Code Schedule

 

Mnemonic: PCNXPC

Use these fields to indicate a roll schedule for the product. See below for more information.

 

Up to 10 valid product codes can be entered here (previously created product code numbers can be seen in the Product Codes list view). These dates will automatically roll based on effective dates that are entered when a new customer account is opened under the product code.

 

For example, a customer account that begins as a 3-month certificate account (product code 100) can roll into a 6-month certificate account (product code 200) when it matures. That same 6-month certificate account (product code 200) can, in turn, roll into a 6-month certificate account with a higher interest rate (product code 300) when it matures. Therefore, two of these fields would contain "200" and "300" for the process of creating/editing product code 100.

 

These fields are optional. In some cases, they are invalid (such as for regular checking accounts where there is no anticipated change in the product code).

 

Retirement accounts cannot be rolled to non-retirement accounts, and non-retirement accounts cannot be rolled to Retirement accounts. If you roll an active customer Overdraft account into a customer Checking account that does not have the Overdraft feature set, the Overdraft feature will remain on the customer Checking account that was rolled into. Unwanted Overdraft features must be removed manually on this screen.

 

Product roll features can be adjusted for individual customer accounts on the Deposits > Account Information > Roll Schedules screen. Overdraft features can be adjusted for individual customer accounts on the Deposits > Account Information > Overdraft & Secured Loans screen. For the transaction, institution, and CIM GOLD features that pertain to the use of the overdraft feature, see the Overdrafting Conditions and Options help page.

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