Thread Options
#1906048 - 03/17/14 06:50 PM ATM Deposit adjustment
slrmm530 Offline
Junior Member
Joined: Jun 2006
Posts: 26
We had a member that had a force posted debit transaction for an ATM deposit with an effective date of 11-23-14. With further investigating I found that the original deposit was made on 11-23-12. An adjustment with the settlement date of 12-14-12 had a debit for the deposit amount, because he received credit but the ATM had an issue and did not take the actual deposit.
What is the time limit for ATM adjustments? I'm thinking they are passed it since they force posted this with a future effective date and they didn't send it through the normal adjustment channels.
Thank you

Return to Top
Deposits and Payments
#1906113 - 03/17/14 08:25 PM Re: ATM Deposit adjustment slrmm530
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 78,957
Galveston, TX
What is the time limit for ATM adjustments?

You are going to have to refer to your ATM network agreement.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  John Burnett