Uncollected Funds Maintenance (2)

Screen ID: 

Screen Title: 

Panel Number:

UUNCOL-03

Member Uncollected Funds Maintenance

6571


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This screen appears byusing Add New or "Change"or "View" on the initial Uncollected Funds Maintenance screen.

Helpful Resources

Visit Show Me the Steps for easy instructions on how to extend a check hold or view uncollected funds.

Screen Overview

This screen allows you to create or adjust the settings for an uncollected funds record, to temporarily hold funds on a member's account so that they are not available for withdrawal. Complete all fields and use Enter to save the record and return to the previous screen.

  • CU*TIP: Use the Date Calc tool to help determine which release date will give you the desired number of hold days on this item.

Field Descriptions

Field Name

Description

Transaction date

Enter the date on which the original transaction was completed (for a hold on a deposited check, for example), or the date on which the hold should begin (for a hold being placed manually).

Reg CC release date

Enter the date on which the amount (Reg CC required) of the hold amount should be released and made available to the member. On a new record, this is automatically calculated as one day after the transaction date.

Release date

Enter the date on which the entire amount should be released.

  • HINT: If you want to release the hold after a certain number of days, use Date Calc to calculate the date that should be entered to give you the proper number of hold days, according to calendar or business date as you wish.

Hold amount

Enter the total amount of funds to be held. This amount will be subtracted from the current balance when determining the available balance on this account.

Check hold exception reason (not shown in graphic)

This will appear if check hold exception reasons are activated in the Automated Holds configuration and set up on the Exception Check Holds configuration screen.

Learn more about the check hold exceptions feature.

This feature is used for special check holds handling, such as checks that do not require Reg CC holds.

  • NOTE: This description is informational only. Changing the description using the look up on this screen does not change any dates or apply any holds.