Treasury Management
Business Online Banking

Business Online Banking Updates

February, 2016

Park Bank is excited to tell you about the Business Online Banking enhancements planned for February 21, 2016. 

Alert Enhancements

  1. ACH Transaction Approval Reminder: Company users who have the Approval role can subscribe to this alert to be reminded of any unapproved ACH (any service/entry class) transactions 30 minutes before the close of the processing window. Company users receive one alert per pending ACH transaction.
  2. Wire Transaction Approval Reminder: Company users who have the Approval role can subscribe to this alert to be reminded of any unapproved wire transactions 30 minutes before the close of the processing window. Company users receive one alert per pending wire transaction.

ACH File Upload Enhancements

Spanish language characters can be included in the files you upload through ACH File Upload. If you include Spanish characters your files, we systematically replace them with characters that are supported by the Automated Clearing House. Specifically Latin letters A, C, E, I, N, O, and U with an acute, cedilla, diaeresis, or tilde are replaced by A, C, E, I, N, O, and U accordingly. Inverted exclamation and question marks are replaced by a space. 

Template-based Wire Improvement
The Wire Money page is updated so that if you attempt to wire money on date that Park Bank does not process wires, you're notified immediately rather than on the Wire Confirmation page so you are not spending unnecessary time creating or editing wire requests. 

Please share this information with those in your organization that this information may affect.  If you have any questions about these enhancements, please call 414.466.8000 and ask for a member of the Treasury Management Team.