Thank you for reading my request! I am looking for a sample ACH Debit and/or Credit Block form that you use when a customer (example; attorneys) request that you not allowed any ACH debits (occasionally they ask about credits) to hit their account. I know there are several vendors that offer this through their Positive Pay programs, but many of these customers do not want to use Positive Pay. We have checked with NACHA and they do not have a sample and suggested we have them sign a disclosure but could not provide guidance on that disclosure; contents, etc. If you have such a form and would be willing to share it would be appreciated. Thanks and have a great day!
Does anyone know of a software/program that offers an interactive CIP form? We are looking to create some type of interactive CIP form. Somewhat similar to Yellowhammer/DDM.
I.T. feels that affirmative consent can be given by customers for e-statements in our lobby on their mobile devices. They feel that if they can demonstrate to account opening person that they can access our website and open a PDF file that this should be affirmative consent. I say no, because we need to provide hardware and software needs/ let them know they can still get paper disclosures, how to opt-out and what transaction this applies to. Additionally we would not have an electronic consent or confirmation electronically. I say we need to continue with our email that contains all this information and gives the customer a way to electronically consent. Does anyone else feel any differently
Question for the group. in managing HMDA reporting, do you do HMDA daily, weekly, monthly? When you do the reviews, how do you manage errors? Do, you correct the LAR only? Do you correct the LAR & system? Do you have a specific group that cleans and correct? Do you send back loans with HMDA errors for the users to correct?
We have a very high error rate on HMDA loans even though there has been a number of trainings this year. I would like to see how others manage their HMDA reporting each month and the procedures you take to correct.
Our core is Fiserv Premier.