TREASURY MANAGEMENT. BBVA Compass net cash Conversion Training: Payments

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1 BBVA Compass net cash Conversion Training: Payments

2 BBVA Compass net cash Payments Payments in BBVA Compass net cash include: Automated Clearing House (ACH) Cash Concentration (CCD or CCD+) Tax Payments (CCD+) Cash Concentration/Disbursement (CCD or CCD+) Consumer Collections/Payments (PPD or PPD+) Cash Disbursement (CCD or CCD+) Corporate Collections (CCD or CCD+) Consumer Payments (PPD or PPD+) Consumer Collections (PPD or PPD+) Child Support Payments (CCD+) Corporate Trade Exchange (CTX) Corporate/Vendor Payments (CCD or CCD+) Destroyed Check (XCK) International ACH Transaction (IAT) Internet Initiated Collections (WEB) Payroll (PPD) Telephone Initiated Collections (TEL) NACHA File Import Check Conversion 2

3 BBVA Compass net cash Payments Account to Account Transfers Single One to Many Many to One Wire Transfers Domestic International (USD and FX) Drawdowns Fed Tax Payments via wire transfer Loan Payments Regular payments Draws 3

4 Payment Entitlements Terminology Free-form: Allows a user to create a payment using accounts they have been entitled to without creating a template Template: Allows a user to create a template of a payment for repetitive use. Corporate administrators can restrict users to creating payments only from pre-defined, approved template Approval Percentages: Determines how many users are required to approve a payment or a template (33%, 50%, or 100%) Entry Types Entry only Entry and auto approve Entry and same user allowed Entry and different user required Approve only 4

5 Payment Limits and Migration Payment Limits Daily Limit: A single limit which can be established for a user at the service or account level (ACH payment, wire payment, etc.) Transaction Limit: A limit which can be established for a user at the service or account level and applies to a single transaction amount Migration All existing templates will migrate with the exception of IAT (international ACH) and CTX (corporate trade exchange). Any approved payments created in Compass e-access prior to migration will remain and execute in Compass e-access. Reporting on those payments will be available for 120 days on Compass e-access. Recurring instructions on your payments will migrate and will stop occurring on Compass e-access after hard migration. These payments will start occurring immediately on BBVA Compass net cash after hard migration. Future dated payments in an approved status will still execute out of Compass e-access. 5

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8 Payments List View You can create a payment from the Payments List View in multiple ways. 8

9 Payments List View You can create a payment from the Payments List View in multiple ways. 9

10 Payments List View 10

11 Payments List View 11

12 Transfer Example 12

13 Transfer Example 13

14 Payments List View After you submit a payment, you will receive a confirmation showing summary details 14

15 Security Authentication Users who create ACH or wire payments will be required to undergo a security challenge. When you enter a payment, you will be prompted to enter a security code delivered through one time passcode (SMS text or voice message) or security token (hard token or soft token). Enter the code and click Continue. If the challenge is successful, you will receive a confirmation message. 15

16 Payments List View You can enter a payment from the Payments List View in multiple ways 16

17 Payments List View You can print or export the Payments List View. Click View to review the details of any payment you have submitted or approved, or which has already been released to the bank for processing. 17

18 Detail Screen 18

19 Payments List View You can enter a payment from the Payments List View in multiple ways 19

20 Creating a Template 20

21 Template Selection Box 21

22 Add New Domestic Wire Template 22

23 Creating a Template 23

24 Manage Template Groups 24

25 Additional Features Quick Entry screen Step 1 Step 2 25

26 Recurring Payments 26

27 Importing Payments 27

28 Importing a Payment 28

29 Importing a Payment Once your import process has begun, you will be returned to the Payment Management screen and provided with a Job ID Number for your report 29

30 File Maintenance 30

31 Add a New Map Definition 31

32 Payment Recipient List 32

33 Payment Recipient List 33

34 Adding a Payee 34

35 Adding a Payee 35

36 Payment Recipient List Workspace 36

37 Thank You for Your Interest in our BBVA Compass net cash Product For customized treasury management solutions, contact a BBVA Compass treasury management professional at Or visit us on the web at BBVA Compass is a trade name of Compass Bank, Member FDIC.