Assist client with Home Equity Line of Credit
HELOC
What is a digital wallet?
It is a wallet for virtual cards that allows clients to make point-of-sale, in-app, and online purchases directly from compatible devices at merchants that accept contactless payments or present the digital wallet as a payment option.
33
occurs when a deposited paper item returns unpaid
return item chargeback
return item code 13
Frozen/Blocked Account
existing billing dispute
ach debit billing disputes- existing
what is a virtual card?
a digital form of a client's card and is tied to the physical card. It is assigned a different number in each digital wallet app/device the card it added to, and only the last four digits of the virtual card number are displayed.
75
Max invalid PIN tries
Incorrect PIN entered multiple times.
Can I redeposit the check when I receive it back?
a returned item can be re-deposited. Please keep in mind, returned items that are re-deposited are subject to an extended hold to ensure funds are collected
what is the posting order?
deposits
debits with date/ time stamps
checks
most other eletronis payments
msot fees
keep the change
sweeps
interest credits
deceased client accounts
estate servicing operations
cx recieves and alert that says "We’ve updated your debit or credit card in [Digital Wallet Provider]"
97
Atm exceeds limits available
A legal relationship in which a probate court authorizes one person with the power to make personal and/or financial decisions for another person.
Legal Guardianship
how long does an apology letter take to get to the customer?
Letter mailed: 3-5 business days
ach fraud
fraud claims- ach true fraud
digital wallet restricted at BOA atm
Action: Check to ensure that the customer did not lock the card and that there is no Fraud block/restriction in place or notations from Fraud Servicing.
None found: Tell the client the virtual card is active and operational, and there is no restriction on your card. Several factors may be impacting the ATM transaction
decline code does not appear
where in synergy would you un-suspend a user ID?
Access Synergy Web and click the Online and Mobile Banking icon.
can a POA change verbal passwords?
no
vehicle loans
consumer vehicle lending
deleting virtual card
Account status credits only
Can a client receive a refund from a merchant on a debit card that has been closed?
All refunds must be processed on the original card that performed the transaction. If the debit card is closed, the refund would still be processed and post to the primary account that was linked to the card.
what bank in Australia would not charge customer additional fees?
westpac bank