Navigation:  Institution Options Screen > GOLD ExceptionManager Tab > Deposits Tab > Negative Options field group >

Negative Charge Limit Per Day

Navigation:  Institution Options Screen > GOLD ExceptionManager Tab > Deposits Tab > Negative Options field group >

Negative Charge Limit Per Day

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Entry: User, numeric, 3 digit

F/M: Yes

Mnemonic: OINGLP

 

Institution Option: NGLP

 

This option is only used on personal accounts.

 

In this field, enter the default limit for the number of times accounts can be assessed a daily negative charge. This option can be used only if the Post Service Charge if Negative field is also checked. For example, if you enter "5" in this field, only five service charges will be assessed to any account per day, even if more transactions are processed.

 

This limit applies to immediate-post ACH withdrawals and other afterhours debits, such as inclearing checks.

 

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