Home > Products > Courtesy Pay Online Fee Program
Courtesy Pay Online Fee Program
Product Info Sheet
Info Sheets are supplied as PDF's and can be read with Adobe® Acrobat® Reader. To download Adobe® Acrobat® Reader, simply click the button below.
This program allows your credit union to automatically charge courtesy pay fees when you offer this service for your ATM, POS, Call24, and Home Banking Transactions.
The program reads through transaction history for a given date range. It selects according to the control options and looks for withdrawal transactions that have drawn the account balance below zero. If there is no overdraft transaction that brought the account balance back to zero or above, we place an entry in the fee posting and notice tagfiles. This program allows you to increase your courtesy pay related fee income dramatically.
- Features:
- Selection of date range to process
- Can be run as often as required each day without concern
of duplication of fees
- Selection of transaction based on a table of teller initials with wild cards (C24, A##,
B24, etc.)
- Custom fee description
- Fee amount can be the same for all members or different fees can be charged based
on MRM Service Code
- Member and Share control flags to exclude an account from fees
- Negative balance limit before a fee is charged (for example -$10.00 or more)
- Minimum transaction amount to charge a fee
- Definition of the 4-character fee type
- Table of commands to exclude from fees
- Notice data file that includes the Reg. E description of the transaction for fully
customizable notices
- Includes consulting setup of the program, process, and custom notice
