Reverse OD Protection Fee

Be the first to review this product

As the situation surrounding the Coronavirus (COVID-19) continues to progress, we know the well-being of your staff and the communities you serve is your highest priority. Together we're facing an unprecedented amount of disruption in the way we live and work. We are committed to supporting you in meeting these changing needs.

As many financial institutions are taking action to offer their customers and members relief, the Reverse OD Protection Fee app is available to support this effort. Through this period of National Emergency concerning the COVID-19 pandemic, you may use this DNAapp at no cost as an extended trial. Simply download the Trial version of this app and install in your production environments using the authkey provided in the order. We will send a new authkey before the end of the 60 day trial period.

Reverse OD Protection Fee is a batch application designed to run daily to evaluate each account having an overdraft protection transfer fee (OPTF) for the current post date and reverse it if certain conditions are met.

The reversal can be limited by the specific product type of the recipient account, and / or a number of reversals per period.

Specific products and accounts may be excluded using the standard DNA™ Exclude Applications feature.