• Update to List Account Endpoint
  • Only ledger and operating accounts will be retrieved using the [Get Account] endpoint. Settlement accounts & FBO accounts will no longer be included in the results. This change ensures streamlined access to relevant accounts for transactions and reporting.

We have moved our changelog to this new site: https://docs.treasuryprime.com/changelog

• Originated ACH email notifications
  • Banks can now receive email notifications regarding originated ACH files.
  • Email Structure
    • Subject: Treasury Prime ACH File Sent: [filename] ([Bank Name])
    • Body:
      • (Earliest) Effective date
      • Total debits $
      • Total credits $
      • Number of debits
      • Number of credits
      • Destination path + filename

• Added addenda record option for ACH origination using WEB SEC code
  • Addenda Record can be added for WEB SEC code
  • Documentation
    • See our updated API Reference Documentation;

• Update to the [Update An Account] Endpoint
  • Effective Date: 8/15/2024
    • Previously the [Update An Account] endpoint only updated information such as account status, tags, and other arbitrary user data. NOW, the [Update An Account] endpoint will allow the mailing and physical addresses of the associated account to be updated
    • If applicable, the updated address information will be sent to the partner Marqeta.

• Smart Webhook Retry
  • We have implemented an automatic retry logic for webhook messages that receive non-200 HTTP responses.
    • After 10 retries the system will stop retrying
  • How to enable
    • For this to be enabled at a Fintech, Please reach out to your Relationship Manager or Treasury Prime Support.
  • Documentation
    • See our new updated Webhook API Reference

• Early Posting for Incoming ACH Credits
  • Treasury Prime can support early payroll funds. Most payroll ACH instructions are generally sent well in advance of the effective date to make sure the funds are available. For example, ACH credit instructions received on the 25th with an effective date of the 27th can be made available sooner for end users.
    • For this to be enabled at a Bank, reach out to your Relationship Manager or Treasury Prime Support
    • For this to be enabled at a Fintech, your corresponding Bank will need to provide approval. Please reach out to your Relationship Manager or Treasury Prime Support
  • Restrictions
    • This is only available for credits; debits cannot be originated early through NACHA.
    • NACHA limits credits to at most two business days in the future.
    • The bank must fund the early credits
  • Documentation
    • New guide added here
• Check Deposit Status Conversion
  • The Update:
    • Old Status: pending
    • New Status: pending_review
  • Description:
    • pending_review will now indicate checks awaiting approval.
  • Documentation
    • See our new updated Check Deposit API Reference

• Add Returning/Voiding wires capabilities
  • Voiding Outgoing Wires
    • As a Bank, via our new Bank Console, they will be able to return an Incoming wire via a new button “Void Wire Transaction”
    • If a wire is created, processed by our system, and sent out to the receiving bank where it's then unable to be processed (for example, due to sanctions against the intended recipient or the recipient's country), the bank will be able to mark the wire as voided and provide a reason why it's been voided.
    • 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. 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.
• Returning Incoming Wires
  • As a Bank, via our new Bank Console, they will be able to return an Incoming wire via a new button “Return Incoming Wire”.
  • When an incoming wire is received and is unable to process. The Bank can leverage the “Return Incoming Wire” button to return the wire. A few example reasons as to why an Incoming wire will need to be returned are as follows:
    • We receive an incoming wire with an invalid account number
    • A wire was sent to a closed account
    • Instances of detected fraud
    • The bank can view all Incoming wires in thedone status from the new Bank Console. From there, a bank can select the wire in question and use the Return Incoming Wireoption. This will mark the wire as returned. In this scenario, Treasury Prime will not move funds. Since the money is still in the inbound wire settlement account, It is up to the bank to move the funds out and return them to the originating bank.

• International ID Numbers

  • In the case an International EIN or any other ID is needed, it can be populated using these two fields identification_number & identification_number_type (these fields are optional). If you are partnered with Alloy and/or Unit21, data within these fields will be passed to Alloy and Unit21. It’s important to note that Treasury Prime will NOT validate the information in this field.
    • Added optional field on person and business applications identification_number to collect international tax numbers
      • Store it as text
      • 30-character limit
    • Added optional field on person and business applications identification_number_type to collect the type of identification number
      • Store it as text
      • Enforce a 30-character limit via the controller
    • Find related Documentation here:
      • Business Application
      • Person Application

• Check Deposit Status Conversion

  • Update:
    • Old Status: pending
    • New Status: pending_review
  • Description:
    • pending_review will now indicate checks awaiting approval.

• Introducing our New Documentation Page!! Designed to enhance your experience and provide easier access to comprehensive resources. Here’s what you can expect:
  • Streamlined Navigation: Find information quickly with improved organization and search functionality.
  • Enhanced Content: Updated guides, API references, and tutorials to help you integrate seamlessly.
  • Interactive Examples: Explore code snippets and practical use cases directly within the documentation.
  • Feedback Integration: Share your thoughts and suggestions to help us improve further.