Cancelling or stopping an ACH transaction
This feature is used to cancel/stop ACH transactions on your CL Contract.
Prerequisites
The following is the prerequisite to cancelling or stopping an ACH transaction:
Loan is in approved status.
Steps
Perform the following steps to cancel or stop ACH transaction:
Log in to your Salesforce account.
Click CL Contracts.
Select the required CL Contract ID.
Go to Loan Quick Menu.
Go to Loan Actions.
Click Cancel/ Stop ACH.
Select the required Parameter.
Click Save.
Note:
Specify the ACH Drawer name only if the Relationship type is selected as Spouse, Secondary, Co-signer, Co-signer spouse, Co-signer 2, Co-signer 2 spouse or Third party.
If you fail to do so, you will receive the following error message "Input ACH Drawer name".