Blank Choice Added to Frequency for CDTs

CMP: 13952

Work Order: 58117

CIM GOLD version 7.20.4

When changing Customer Directed Transfer information in the Deposit system, we have added the ability to change the Frequency (DXCTCY) field to blank. We added a "blank" choice to the Frequency drop-down field (see below). Previously, if a CDT was set up with a Frequency, users couldn't change it to be no frequency (or a blank).

Note: If you do select "blank" Frequency, a warning icon will show next to the Frequency field. The warning icon is just that: a warning. It will not stop the CDT from processing.

•For interest CDTs (Distribution Type “I – Interest”), a blank Frequency means the CDT will process according to how the interest fields are set up on the Deposits > Account Information > Interest Fields screen (such as pay Interest at Maturity (DMIMAT) or as directed by the Interest Frequency field (DMINFQ)).

•For all other Distribution Types, a blank Frequency indicates a one-time only transfer.