Country Bank Business Customer Digital Banking Admin Guide

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ACH Positive Pay Introduction

ACH Positive Pay enables Business Users to set ACH Filters and/or Rules(s) for your account(s) and will validate ACH transactions presented for payment. When an ACH item falls within the ACH Filter rules, the item is paid as normal. If the ACH item falls outside of the filter rules and there is a discrepancy, the system rejects the item and reports it to your financial institution as a Rejected Item. The Business User can then review and determine whether or not to pay the item(s) and make a Pay or No-Pay decision within their Fusion Digital Online Banking application. Item(s) must be decided daily by 11:00 AM EST and marked Pay/Return. You will be able to Pay/Return items in this list. Please note: when deciding to Pay an item, it must be added to the Company ID listing as well. R29 (Corp. Cust. Advises Not Authorized) would be used to return a debit and R23 (Credit Entry Refused by Receiver) would be used to return a credit. ACH Positive Pay Process 1. Financial Institution configures the business and users for ACH Positive Pay 2. Business user enters ACH filters manually within Fusion Digital Banking. First, the user must enter an Account Rule, then they are free to add any Company Rules they deem necessary. 3. ACH item is presented to the financial institution for payment 4. ACH item is either Paid (if falls within the filtering rules) or is Rejected 5. Business user receives an alert from Fusion Digital Banking for all Rejected Items 6. Business user logs into Fusion Digital Banking and makes the Pay or Return decision on all Rejected Items. If the decision is Return, the business user also chooses the Return Reason. 7. Financial institution processes based on the business user’s decision

ACH Positive Pay: Introduction