Default Bank Algorithm and NSF Fees

There is a new Setting key: NSF_FEE_STATE_FIELD which allows specifying which field is used to determine NSF fees that are applied when importing an ACH Failure file. Either clientAddressOrigState (the contract state) or clientAddressState (the client’s current state) can be specified.

There is a new Company field that allows selection of the Default Bank Algorithm to use when determining which Bank payments should be linked with.

Default Bank AlgorithmDescription
DefaultThe State Default Banks rule is ONLY applied if both the clientAddressOrigState and clientAddressState match. (If the Contract state matches the Client’s current address)
OriginalStateApply rules based on clientAddressOrigState (the Contract Address State)
CurrentStateApply rules based on clientAddressState (the Client’s current Address State)