Posted By: Anonymous
automated deposit service for union members - 06/07/05 10:31 PM
Members of a union receive vacation pay as part of their union contract. We accept a deposit of the vacation pay earned by the union member into a non-interest bearing account under the union member's name and ss# as reported by the administrator of the union's payroll.
All we ever receive is the name and ss#. No other information.
We are a credit union and these are not members, they are coded as non-members. The only service they are entitled to is withdrawal of the entire balance, no partical withdrawals are permitted.
I have several of these individuals whose names are matching OFAC hits when I ran my monthly system match.
The ofac hits only have names, no other identifying informaton and on my side I just have name and ss#.
How do I proceed and find out if my match is positive?
All we ever receive is the name and ss#. No other information.
We are a credit union and these are not members, they are coded as non-members. The only service they are entitled to is withdrawal of the entire balance, no partical withdrawals are permitted.
I have several of these individuals whose names are matching OFAC hits when I ran my monthly system match.
The ofac hits only have names, no other identifying informaton and on my side I just have name and ss#.
How do I proceed and find out if my match is positive?