Binder Payment Preference

The Binder Payment Preference enables you to set the attributes which are used during binder payment creation and monitoring. While deriving the binder payment details for a membership, the system uses the following attributes from the binder payment preference:

• Binder Contract Type

• Binder Payment Identification Characteristics Type

• Binder Payment Identification ID Type

• Consider Binder Liability Amount

• Membership Status Code for Active

• Membership Status Code for Pending Effectuation

• Membership Status Reason on Activating Membership

• Membership Status Reason when Awaiting Binder Payment

• Membership Status Reason when Binder Payment Not Received

• Membership Status Reason when Binder Payment Received

• To Do Type for Binder Payment Not Received

• To Do Type for Binder Payment Received

For more information about these attributes, see Defining a Binder Payment Preference.

The system considers the binder payment preference which is specified in the Binder Payment Field Mapping option type of the C1-ASOBLLNG feature configuration. You can define, edit, delete, and copy a binder payment preference through the Field Mapping screen.

Related Topics

Parent Topic: Binder Payment for Individual Membership