Posting Codes
This code allows all transactions to post.
What is NONE?
This stands for Automated Clearing House.
What is ACH?
What do we use to place an account on controlled status?
Controlled Account Checklist
This code indicates that no transactions of any kind will be allowed to post
What is Code T-Post no Transactions?
This code indicates that all ACH transactions will nonpost.
What is Code N-None?
How many Account Restriction Binders to we have?
Two
This code indicates that no debit transactions of any kind will be allowed to post.
What is Code Y-Post no Debits?
This code indicates that all ACH debits will nonpost.
What is Code C-Credits Only?
How many days do we maintain inactive Controlled Account Checklists?
90 Days
This code indicates that no checks drawn off the account will be allowed to post.
What is Code A-Post no Checks
This code indicates that ACH credits will nonpost.
What is Code D-Debits Only?
What must we attach to the Controlled Account Checklist if an account is to maintain the status in excess of 60 days for any reason?
Email approval from a Regional Ops Manager.