ECA handling for Fees: Whenever a charge or fee collection happens, either manual or scheduled or adhoc, if ECA is opted, then the account balance check and blocking the funds is done for the charge / fee and its tax amount. Only on successful ECA response, the charge / fee collection proceeds further.

The ECA Check Required can be controlled at both the product and contract levels. During contract creation, the settlement subsystem automatically populate values based on the selected components at the product level. Users can toggle (check or uncheck) the ECA Allowed field for components. The borrower’s debit account will generate an ECA request based on this selection.