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In Response To:
Thread Starter: BrianC
Title: Re: Service Fee for Not Meeting Minimum Balance

Talk to your core vendor. Mine had a code that would allow me to set service fees to waive and I could put an expiration date on it so that after a period ended the balance would still be $50 and we'd be all set for the next cycle.

Alternatively if your core does not support this option, Waive $4.00 worth of fees to bring the balance to $52.00 so that when the charge hits the remaining balance is $50.00.

Finally, evaluate your operational procedures and consider not booking the account to your core until you receive the initial funding deposit.