ACH on Demand
Tab to find the hyperlink for ACH on Demand
What is All Tools?
If the bank account is registered to a business / trust / church account, a signature card is required is required to verify if the registration is the same, similar or different. Not providing a signature card could impact the approval of ACH transfers exceeding $25,000.00.
What is WEB6011479?
View full Account Number and Routing Number
What is Show Bank Accounts box?
The button clicked to open window to check for good delivery/bad delivery
What is Balance Detail?
The total number of articles for our department
What are 111?
Same, Similar, Different
What is Registration Indicator?
This is a streamlined service that allows approved bank information to be linked from one account to another eligible account.
What is WEB6005936?
BOA wants to add Select Individual account to approved bank profile
What is Link Account?
The amount of money a client can borrow as a Margin loan
What is Available to Borrow?
Bad Delivery means there is an issue with a security or securities in an account that may prevent us from disbursing funds
What is KA 3275?
Flipping the Flag
What is HQ Admin?
Recurring ACH transfers are scheduled for processing 30 days in advance of the transfer date
What is WEB6004607?
BOA wants to link Trust account to approved bank profile
What is Add External Account?
Includes Additions, Subtractions, and Hold on Deposits
What is Available to Withdraw?
Send a copy of the same LOA to more than one person to obtain needed signatures
What is KA 2638?
Account creation date
Specific Source of funds (MFIS, MFTF, MFRS, Cash Interest, INSD, S/D*, LMTR, Check Deposit, EFT, etc.)
GD (or BD and why)
LOA was checked for signatures (if the loa is archived, you do not need to request a copy)
Any additional information for situation
What are Approval Notes?
Standard ACH transfers require 2 business days to complete
What is WEB145710?
The IRA recurring contribution ACH transaction code
What is Entry Code?
This is the T+1 date from the Sell date
What is Settle Date?
Provides a list of current and resolved issues for BAM Center ACH.
What is KA 2237?
Indication that the bank profile is approved
What is the Green Check Mark?
Creating a manual LOA
What is WEB038483?
BOA is calling to resume a paused recurring ach as of July 1st to go to the bank on July 2nd. What button will achieve this?
What is Resume Transfer?
The client has $2000.00 in INSD and wants to have $1500.00 ACH'd to their bank. The ACH can be put in the system without moving the money to cash.
This statement is true.
What is true?
Request to approve large distribution depending on client need
What is KA 3130?