In rare scenarios, external transactions that land either in the holding or master account can be automatically moved to the respective individual subaccounts using a matched identifier and its value.
How to Enable this feature: The FI should modify the transaction files as part of the extract to include two new columns.
- Matched Subaccount Method – Indicates Type of Identifier like SSN, AccountNumber (Subaccount number)
- Matched Subaccount – Value of the identifier that can be used to find the subaccount to assign the transactions to.
In case no match is found, the transactions will be sent to “Unassigned” as usual.
The transactions can then be viewed on the org dashboard and subaccount like any other transaction on the platform.
Additional fees may apply. Contact clientsupport@zsuitetech.com to learn more.
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