Positive Pay
This service monitor activity and reject unauthorized checks. Customer can upload file or manually enter issues.
What is Check Positive Pay
There is a $75 fee for each of these.
What is an RDC location
Customer can not add their personal account to this online platform
What is Eastern Treasury?
Any individual, corporation or other entity that initiates entries into the Automated Clearing House Network
What is an ACH Originator
This document needs to be signed if the box for Wire Limitations Required is not checked off and a limit is not specified.
What is the Dollar Limit Waiver
This service provides protection against any unauthorized electronics debit transactions.
What is ACH Positive Pay
SB RCD can only have a single feed scanner and deposit up to this many checks
What is 75
Two different entities can be on one ET/EBB platform. The person signing the docs must have this ownership on both entities?
What is common
If a customer has 2 offset accounts and uses both debits and credits, they will have 4 of these.
What are ACH Company IDs
This document needs to be signed if the box for Dual Callback Approval Required is not checked off.
What is the Dual Call Back Waiver
If a ACH PP customer receives a debit exception in the last same day window, how long does the customer have to disposition the item.
What is Next Day
Effective 2/6/2020, the end of day cut-off time for RCD is
What is 8:00 PM
This transaction type is not eligible not Same Day Origination
What is IAT (Canandian Credits)
On March 20, 2020, the new same day ACH transaction limit is
What is $100,000
This document need to be signed after October 2018 and must be submitted with new MTA.
What is the Corporate Resolution
Disposition will be available for
view and must be decision by 2:00PM
What is Check Positive Pay
Customer need to sign an application for each location added to RCD. We don’t required a new Sales review and this form.
What is Risk Assessment Form
If customer mail a payment to pay their corporate credit card and the address is a PO Box, What type of LBX will be processing that check?
What is Retail
If a prefund customer ACH Batch suspend for any reason, how many retries can the system process before the payment is cancelled
What is 2
These are the only information on the MTA
that will applied to ET/TC
What is Overall Company Level Transaction Limits
Check Positive Pay is also known as
What is match pay
Customer can set up 1 scanner with multiple computers. Each computer will need have its own
What is access code
What was the original banking industry name for advance clearing?
What is Control Disbursement
The ACH Payment Reversal Request Form must be transmitted to and received by Eastern Bank by this time to be processed the same day and offsetting
What is 4:00 PM
The person signing the MTA should be the same signer on this document.
What corporation resolution