Accounts to block from In-house Check/ACH Clearing
Access this screen by selecting Tool #1870 Block Accounts for In-House Checks/ACH.
This feature can be used to prevent checks from clearing on a specific member account, either via Teller In-house checks, or via ACH debits (for checks converted to ACH items). Although it can be used to block check clearings for any reason, the main purpose of this feature is to support a credit union business service referred to as Positive Pay.
In a nutshell, this feature controls whether a member’s checks are allowed to clear via any channel other than normal share draft processing. While this feature was specifically intended for use with eDOC Positive Pay tools, you can use it if you wish to control how checks are cleared for any account you wish. Use this screen to enter checking account numbers for your business accounts or other memberships. Once an account has been added to this list:
Teller in-house checks will provide an error message to the teller instructing them to post the deposit via outside checks (with appropriate hold).
ACH will push incoming debit items to the exception list as a stop pay (code 08) and you’ll need to verify with the member and either return the item through ACH, or manually post the item via account adjustment as instructed by the member.
Use Add (F6) to add a new account to the block list. Or select an item in the list and use Edit to modify an existing entry. A second screen will appear.
To remove an account from the block list so that checks can start clearing via in-house drafts and ACH, select it in the list and use Delete button. One confirmation message will appear.
NOTE: Accounts are not automatically removed from this list if the checking account is subsequently closed. So if you see any accounts with ***ACCOUNT NOT FOUND*** listed, use the delete function to clean up the block list.