2024
09/30
Description of your new file.
Introducing “The Console” (click here for more details)
We have a new and Improved Console!! Replacing our Production Bank Console and Developer Dashboard, and providing a host of new features. Only a few of our orgs have access to “The Console” as we eagerly get ready to roll this out. If you are interested in a Demo, please reach out to your Relationship Manager. Check out the new features such as:Return Incoming ACH
* Description: Easily return incoming ACH transfers directly from “The Console” when in Done status. * How to Enable: * For Banks, this is automatically enabled in The Console * For this to be enabled at a Fintech/Program, your corresponding Bank will need to provide approval. Please reach out to your Relationship Manager or Treasury Prime SupportCreate Book Transfers
* Description: Via the Book Transfer tab, you can create a book transfer to transfer funds * How to Enable: * For Banks, this is automatically enabled in The Console * For this to be enabled at a Fintech/Program, your corresponding Bank will need to provide approval. Please reach out to your Relationship Manager or Treasury Prime SupportIncoming ACH view
* Description: In “The Console”, you have a dedicated view for Incoming ACHs only in real-time. * How to Enable: * This is automatically enabled for all orgs using “The Console”Originated ACHs marked as return
* Description: As a Bank, via “The Console”, a user will be able to mark originated ACH items as returned * How to Enable: * This is automatically enabled for all Banks using “The Console”Incoming Wire View
* Description: In “The Console”, you have a dedicated view for Incoming ACHs only * How to Enable: * This is automatically enabled for all orgs using “The Console”Ability to Void Wire
* Description: * As a Bank, via “The Console”, they will be able to return an Incoming wire via a new button “Void Wire Transaction” * The bank can view all Outgoing/Originated wires in “The Console”, From there, a bank can select the wire in question and use the “Void Wire Transaction” button. When the action is triggered (Selecting Void Wire Transaction), a pop-up will appear with the bank representative will be able to provide the reason (if applicable). When the action is triggered/completed, funds are moved from the outgoing wire settlement account to the FBO. A corresponding transaction is created for the return of funds in the ledger. * NOTE: For some banks that support sending Treasury Prime notifications about wires being rejected, the process of voiding an outgoing wire is already automated. * How to Enable: * This is automatically enabled for all Banks using “The Console”Ability to Void Wire w/ Fees
* Description: * As a Bank, via our new Bank Console, they will be able to return an Incoming wire via a new button “Void Wire Transaction” and apply any associated fees * The bank can view all Outgoing/Originated wires in the new Bank Console, From there, a bank can select the wire in question and use the “Void Wire Transaction” button. When the action is triggered (Selecting Void Wire Transaction), a pop-up will appear with the bank representative will be able to provide the reason and a fee (if applicable). When the action is triggered/completed, funds are moved from the outgoing wire settlement account to the FBO. A corresponding transaction is created for the return of funds in the ledger and an additional ledger transaction is created to represent the deduction of thefees from the ledger account.
* NOTE: For some banks that support sending Treasury Prime notifications about wires being rejected, the process of voiding an outgoing wire is already automated.
* How to Enable:
* This is automatically enabled for all Banks using “The Console”