A.2.42 Account Payment Mode Maintenance
You can update the type of repayment mode to indicate if it is Autopay/Direct Debit or not by posting ACCOUNT PAYMENT MODE MAINTAINANCE non-monetary transaction in Customer Service > Maintenance > Transaction Batch Information section.
Table A-143 To post repayment mode on an account
| Transaction | Parameters |
|---|---|
| ACCOUNT PAYMENT MODE MAINTAINANCE | TXN DATE |
| PAYMENT MODE |
While posting the transaction, select the PAYMENT MODE as one of the following:
- INSTITUTION DRAFT / CHECK
- AUTOPAY (ACH)
- AUTOPAY (CREDIT CARD)
- AUTOPAY (DEBIT CARD)
- POST DATED CHECKS
Note the following:
- For an active Recurring ACH record, ensure that the payment mode is selected as AUTOPAY.
- For an AUTO PAY type of Payment Mode, ensure that at least one active ACH record exist and for CHECK type of Payment Mode, there are NO active ACH records.
On successfully posting the transaction, a confirmation message is displayed in the Results section and Payment Mode option is updated to account in Customer Service > Account Details > Account Details tab.
Parent topic: Nonmonetary Transactions