Account Opening
The 3 main steps in Customer/Account Creation
Account holder sends a paper form for deposit
What is mail a check?
The Synchrony form that must be notarized and returned
What is the POACERT form?
The amount of days in a CD Grace Period
Before proceeding with combining the statements you should make sure to...
What is unenroll accounts from e-preference?
The Account Type used for NON-Personal Accounts
What is Business Account?
Money movement between Synchrony Accounts
What is Internal Transfer?
The required documents to attach with the SYF POACERT form
What is the Durable POA paperwork?
The selection in Aperio for a CD to close on DOM to an internal account or pay by check?
What is Amend Principal Disposition?
The ownership category that allows the account holder to request a combined statement
What is a Primary Owner?
The system required to use in Aperio for new accounts
What is QuickLauch?
Money coming from an outside financial institution electronically
What is an ACH?
When an existing owner is now Incapacitated, POA requesting to be added on their behalf. Where to find POACERT form
What is Synchrony.com Bank Forms?
Customer withdrawals all of the principal put on deposit during a CD term
What is Breaking a CD?
The type of account that must be the lead account if the account holder has one
What is a transactional account?
The required paperwork for adding an owner to existing account
What is Add Owner Form?
Image taken of paper form of deposit
What is Mobile Deposit?
The extra document required for Incapacitated Owners
What is a physicians letter of incapacitation?
Account holder requests to close/withdrawal from their CD within the first 6 days after funding the account
What is 7 day penalty?
When creating the combined statement, the letter to enter for the Statement Control, detail or summary statement option
What is D for detailed?
The Maintenance Code for OCSE(Flag) indicator on a minor TIME account
What is 38?
Cut off time of 2:30PM EST to complete same business day
What is Wire Transfer?
What is POACERT with paper Application?
Account will close at next maturity date and customer will receive payout when it matures
What is Single Maturity?
The frequency an account holder will receive a combined statement with only TIME accounts on it
What is Quarterly?