CheckEFTInformation

This business rule is used by Disbursement processing to verify an EFT Address before disbursing money to it.

Note: You must have the syntax <Disbursement CheckEFTInformation="Yes" ...> in the XML of the disbursement transaction in order for the system to check the EFT information.  

CheckEFTInformation Elements/Attributes

Element/Tag	Definition	Attribute	Element/Attribute Value and Description
<CheckEFTInformation>	The opening and closing tag for the business rule.
<DefaultDisbursementType	Tag defining the default value for the disbursement type.	NAME	Code (as defined in AsCodeDisbursementType) Defines the name default method by which to create disbursements. This name should correspond to the description of the DisbursementType code value.
<EFTDisbursementType	Tag defining the default value for the disbursement type.	NAME	Code(as defined in AsCodeDisbursementType) Defines the name of the EFT method by which to create disbursements. This name should correspond to the description of the DisbursementType code value.

XML Example

<CheckEFTInformation>

<DefaultDisbursementType NAME="Check">01</DefaultDisbursementType> 

<EFTDisbursementType NAME="ACH">03</EFTDisbursementType> 

</CheckEFTInformation>