Q: What is the availability to pass fees on to non-analysis account customers when using Treasury Management. Today you can only pass activity and therefore the fee calculation to analysis customer. All non-analysis customers must be manually charged by the back office for things like online wires.
A: Julie Morlan
While Treasury has this on the roadmap for mid year 2021, hard charging for ACH, Wires, and a basic flat fee for being a Treasury customer requires both Silverlake and Treasury work effort. As you know, we are trying to focus on 6 month roadmaps that make sense for all groups, and this item needs to be carefully planned and architected with Core to be successful. We realize this is a gap today, and will continue to work with Silverlake on the best timing for this enhancement.
While Treasury may not be able to support this today, the EAA parameters can meet some of the needs, specifically the online wires that were in the bank’s question. Assuming that there are specific trancodes used for various Online TM Wires, the bank can elect to NOT pass the counter from TM and instead setup the Tran Code/Service Charge X-Reference to do so. When that T/C is posted, if the account is analyzed it will increment the designated counter, if not analyzed a hard-charge that is defined in the X-Ref parameter is assessed. This is how Banner Bank assesses all wire fees for both analyzed and non-analyzed accounts. The only note on this is that the wire income for the non-analyzed account will post to the EAA Income GL; we have a monthly process script to move this income out of EAA and over to wires for each branch.