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 and Attributes

Element/Tag	Attributes	Parent Element	Description	Element/Attribute Values
<CheckEFTInformation>			The opening and closing tag for the business rule.
<DefaultDisbursementType>		<CheckEFTInformation>	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>		<CheckEFTInformation>	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>