Notification types

Notification is a type of communication with EFT banks and customers done to verify transfer of funds. These are the types of notification:

• Prenotification

  This process occurs before a transfer of funds to verify the connection. The prenotification option is assigned to a customer in EFT Notification and to a bank. Selecting either of these options requires preliminary communication to the customer or bank before processing the EFT transactions.

  • Customer prenote

    If the customer prenote field is selected, then the customer gets prenotification files that are created each time the EFT cycle runs.

  • Bank prenote

    If the bank prenote field is selected, then the entire EFT cycle must be run from start to finish to create an initialization file to send the bank and to verify that the bank can read it. In this initialization cycle, there are no transactions selected for the customer. After the initialization or prenote cycle for the bank is complete, transactions start to pick up in the next cycle and the bank is not prenoted anymore.

• Final notification

  This process confirms the transfer was made after a funds transfer. All customers receive final notification.