This form must be signed by the client if they wish to have single user access to ACH origination.
What is the ACH Single User Hold Harmless Agreement?
This process allows ACH transactions to be originated quickly, with less manual labor, by uploading a file the originator creates.
What is Pass-Thru?
Now that the application is updated we should encourage our retail partners to utilize this process by promoting it in our regions.
What is the BBO Treasury Retail Application?
This periodic task requires Sales to perform a 6 month follow up with the client after a new product sale to review usage and customer/user requirements.
What is an RDE review?
These two payment rails are available to 1st Source customers via the Immediate Payments service.
What is FedNow Instant Payments and The Clearing House (THC) Real Time Payments (RTP)?
This is the critical piece of information that controls the ACH Filter Fraud Protection System.
What is the Sending Company ID?
This process allows BBO Treasury users to create future, recurring transfers based on specific balance metrics.
What are Transfer Rules or Threshold Transfers?
This specific account must be in an analysis account. The Treasury department is working on a process to audit periodically and correct all accounts that are not in analysis.
What is a ZBA Concentration Account?
This system tracks training courses for all bank employees and is used for compliance reporting.
What is BAI?
This ACH SEC code allows a 48 hour return time frame for unauthorized transactions.
What is CCD?
This type of fraud occurs when the sender/payor is tricked into authorizing a payment to the incorrect receiver/payee.
What is Authorized Fraud?
The Sales team will need to work with RMs to remove this fee waiver due to a vendor vulnerability almost one year ago.
What are MoveIt Payment Manager Fraud Protection Waivers?
This project will increase my results on the payments goal category, increase bank income, increase system knowledge, collect client feedback and support the request for future enhancements.
What is the Immediate Payments Sales Blitz?
This process ensures that the Sales team can provide adequate coverage to all regions, even when it is 80 degrees and sunny!
What is the Vacation Buddy System?
A recent change to this Treasury policy allows greater flexibility and simplified Immediate Payment processing, especially for small businesses.
What is Single User Access?
This is the number of training courses available to BBOT users to educate themselves on financial fraud and cybersecurity for businesses.
What is 2?
When working with this Treasury product, you must ensure the attached account is a Business Analysis.
What is a ZBA Concentration Account?
This future project will expand payment services offering FedEx style options and pricing.
What is the Payments Hub?
Treasury Sales Officers have these two goals for reporting tasks in Insight.
What are Relationship Reviews and Sales Calls?
In order for a BBO Treasury Wire Originator to receive a $10 discount on Wires Originated, this requirement must be met.
What is originate from an Analysis Account type?
A review of fraud protection services on each account and an offer of additional information/training on fraud risk is a requirement of this sales task.
What is a Relationship Review?
This file type contains check information and related data. It is also referred to as an Image Cash Letter.
What is an X9 file?
This new statement portal will allow customers to choose paper VS electronic statement options when logged in to BBO Treasury.
What is InfoImage?
This monthly process requires the Sales team to review customer lists to ensure new product training has been complete, the products are working as intended, and the customer & bank are protected.
What is Payment Manager Monthly Validation?
This is the maximum payment dollar amount that can be sent via the FedNow Instant Payment Service.
What is $500,000.00.