Business ebanking Reference Guide

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Business ebanking Reference Guide ACH Positive Pay Real Time bankwithunited.com

ACH POSITIVE PAY - REALTIME About ACH Positive Pay ACH Positive Pay helps mitigate the risk of fraud by allowing company users to review ACH exceptions and make decisions to pay or return them. An exception is any ACH debit transaction that is blocked because it did not match the criteria defined in payment rules. Payment rules are conditions that determine whether transactions are debited from accounts or blocked. If a transaction matches a payment rule it is processed normally and sent to post. If a transaction does not match a payment rule it is blocked. Company users can review ACH exceptions and decide to pay or return them. Company users can create new payment rules based on exceptions they have decided to pay to prevent future exceptions from being generated for the originating companies. ACH Payment Rules About ACH Payment Rules - Realtime Payment rules are conditions that determine whether transactions are debited from accounts or blocked. A payment rule prevents future exceptions from being generated for an originating company. Payment rules can be added, edited, and deleted at any time. If multiple payment rules are set up for an originating company, the most restrictive maximum amount and ACH transaction type settings will be applied to future ACH debit transactions. For example, if a payment rule is set up for Company A with a maximum amount of $50.00 for all transaction types and another rule is set up with a maximum amount of $100.00 for the CCD transaction type, only CCD debit transactions with amounts of $50.00 or less will be allowed. Adding an ACH Payment Rule - Realtime Payment rules can be created on-demand without an exception being present. complete this task. Click Account Services > Manage payment rules. Click the Add authorization link. Fill in or select the authorization options: Option Type Debit account One-Time, Ongoing, or Do not allow Accounts enabled for ACH Positive Pay.

Maximum amount No maximum amount or Maximum amount For the Maximum amount option, type a dollar amount that can be debited from the account before an exception is generated. Any amount greater than this amount generates an exception. Note: Not required if the Do not allow option is selected. ACH transaction type All - Select All, ADV - Automated Accounting Advice, ARC - Accounts Receivable, BOC - Back Office Conversion, CCD - Corporate Debit, CTX - Corporate Trade Exchange, IAT - International ACH Transaction, MTE - Machine Transfer Entry, POP - Point of Purchase, POS - Point of Sale, PPD - Prearranged payment, RCK - Re-presented Check, SHR - Shared network Transaction, TEL - Telephone Initiated, TRC - Truncated Entry, TRX - Truncated Entries Exchange, WEB - Internet Initiated, XCK - Destroyed Check Note: Not required if the Do not allow option is selected. Originator company name The originating company. Up to 16 alphanumeric characters are allowed. Originator company ID Expiration date Click Save changes. The ID for the originating company. Up to 10 alphanumeric characters are allowed. No Expiration Date or Expiration Date. For the Expiration Date option, select or type a date on which the rule expires. Manage Payment Rules Page Sample Changing an ACH Payment Rule - Realtime Payment rules can be changed any time. complete this task. Click Account Services > Manage payment rules. Click the Edit link beside the payment rule you want to change. Change the authorization options as needed: Option

Maximum amount No maximum amount or Maximum amount For the Maximum amount option, type a dollar amount that can be debited from the account before an exception is generated. Any amount greater than this amount generates an exception. Note: Not required if the Do not allow option is selected. Originator company name Expiration date Click Save changes. Manage Payment Rules Page Sample The originating company. Up to 16 alphanumeric characters are allowed. No Expiration Date or Expiration Date. For the Expiration Date option, select or type a date on which the rule expires. Deleting an ACH Payment Rule - Realtime Payment rules can be deleted any time. complete this task. Click Account Services > Manage payment rules. Click the Delete link beside the payment rule you want to delete and then click OK. ACH Payment Decisions About ACH Payment Decisions - Realtime Decisions determine whether ACH payment exceptions are paid or returned. Company users can make decisions on ACH exceptions between 8:00 a.m. and 3:00 p.m. Eastern Time. Payment rules are automatically created for ACH exceptions that are given a Pay decision as follows: Type = Ongoing Maximum Amount = No maximum amount

ACH Transaction Type = ALL - Select All Originator company name = Value from the exception Originator company ID = Value from the exception Expiration date = No Expiration Date Decisions are processed in realtime after the final approval is placed. Decisions that have not received company user approval at the end of the current day s decision window automatically have a default decision applied. The default decision is determined by the company's financial organization. Decision Pay Return Pending Decision Default Making a Decision on an ACH Exception A Pay decision has been made on the exception. All approvals are required before the decision is applied to the exception. A Return decision has been made on the exception. All approvals are required before the decision is applied to the exception. The decision window is still open and a decision has not been made. The financial organization-defined default decision was applied because a decision was not made on the exception or the decision was not fully approved during the decision window. Decisions can be made on ACH exceptions between 8:00 a.m. and 3:00 p.m. Eastern Time. If a decision is not made on an exception during this time frame, then the default decision set up by your financial organization is applied. complete this task Click Account Services > Manage exceptions. Click the check box beside each exception on which you want to make a decision. Select a Decision option: Pay or Return. 5. 1 For Pay decisions, click Edit payment rule link to change the Maximum Amount and/or the ACH Transaction Type. To remove the automatic payment rule, de-select the Add payment rule for this originating company check box. Click Continue. Review the exceptions as needed and then click Approve/Transmit.

Verify Decisions Page Sample Deleting an ACH Exception Decision Exception decisions that have not received all approvals can be deleted between 8:00 a.m. and 3:00 p.m. Eastern Time. Exception decisions on exceptions that have received all approvals cannot be deleted/changed. Prerequisites: The Approval role and Allow Transmit account entitlement are required for this task. Click Account Services > Manage exceptions. Click the link in the Debit Account column beside the exception item decision you want to delete. Click the delete decision link. Review the item as needed and then click Delete. Verify Decision Deletion Page Sample

Viewing the Status of ACH Exceptions Company users can review a summary of all exceptions and view details about them such as originator company name, reject reason, amount, decision, and who made the decision. Company users can determine whether the correct decisions were applied to the exceptions or if the bank default decision was applied. 5. Click Account Services > Exceptions status. Select one or more Account options. Select a Date range option. Select an Exception type option: Option Include all exceptions Decisioned Not yet decisioned Click Search. Exceptions Status - Summary Page Sample Exceptions with and without a decision. Exceptions that have been paid, returned, or have a default decision. Default decisions are defined by your financial organization. Exceptions that have not been paid or returned.