Xpress Teller Deposits and Withdrawals

Description

For loans, this shows the current payoff amount. For share and certificate accounts, this field shows the current balance of the account.

• NOTE: If this information is shown in asterisks, it is because the person you are currently assisting is not associated with this account.

For loans, this shows the periodic payment for the loan.

• If a loan is delinquent, this field shows the amount needed to bring the loan current.

For other types of accounts, this field shows the amount currently available for release.

• Available balance = Current balance minus uncollected funds (such as check holds and debit/credit authorizations, etc.), secured funds, and par value.

• This amount may be larger than what’s shown in the Current Balance, if your credit union offers members the ability to dip into their Negative Balance Limit (referred to as ANR or Courtesy Pay) for a fee.  In that case the available funds includes the members’ negative balance limit minus your configured non-return fee. (When posting, a warning message will appear noting the fee amount that may apply to that transaction.)  See the Automated Non-Returns booklet for more details on offering ANR via Teller Processing.

Shows the description of the account.

• NOTE:  If a nickname is assigned to this account, it will show in this column.  Click for more information on this feature.

• NOTE:  If a card is assigned to this account, the last four digits will show in the column,

The account number suffix.

These two fields, Deposit Amount and IRA, are used to designate the deposit or loan payment amount for each of the listed accounts. (Some account types, such as certificates, may not allow deposits using these fields.) For IRA or HSA accounts, you are required to enter the appropriate IRA Deposit Code. Use the lookup to find the appropriate code.

• NOTE: If making a deposit (payment) on a loan account, you may see a warning message if the loan is already set up to be paid via an Automated Transfer, or if making a payment that is different from the normal amount (this is controlled at the loan category level).

5032-WARNING Pmt scheduled via Auto Funds Transfer.  Use ENTER to continue.

5033-WARNING Paymt different from expected amount.  Use ENTER to continue.

These messages are designed to alert the teller of a possible double payment or incorrect data entry. If the payment is correct, the warnings can be bypassed and the transaction posted as needed.

Enter the deposit amount without the decimal point but include the two decimal digits. For example, a deposit in the amount of $25.50 would be entered as 2550.

For deposits to IRA or HSA accounts, use the lookup to find the appropriate IRA or HSA processing codes.

These two fields (Deposit Amountand IRA) are used to enter the amount of funds being withdrawn (either cash withdrawal or transfer) from a particular account type. If no funds are available for withdrawal, the fields listed below will not appear.

• For certificate accounts, the Withdrawals fields are available for withdrawing undistributed dividends only, not for certificate redemption. (Credit union policy may dictate whether dividends can be withdrawn here or not.)

• For line-of-credit loans, an amount field may be available for disbursements, if allowed in the loan category configuration. If it is past the Review date on the loan account, however, this field will not be displayed.

Enter the amount without the decimal point but include the two decimal digits. For example, a withdrawal in the amount of $25.50 would be entered as 2550. If this field is absent, one reason might mean that the joint owner or co-borrower you are assisting is not associated with this account.

For withdrawals from IRA or HSA accounts, use the lookup to select the appropriate IRA or HSA lookup codes.

This box appears if the account is a loan account.  Click this box to make a payment only to principal.

Description

The total amount of cash and checks.

If your credit union has activated check cashing fees. This field will show the calculated check “negotiation” fee to be charged to the member for this transaction. If turned off, the fee will wave when deposits are entered. This amount is automatically charged and the fee amount is subtracted from the Total Funds In amount.

This is a running total including all of the deposits and withdrawals indicated on this screen, less the check cashing/negotiation fee (if any). As you use Enter, this total is updated.

This total takes the Total Funds In and subtracts the Check Cash Fee (if any) and the Transaction Net Total to show the amount of cash owed back to the member.