Create CFA Bank - Bottomline Technologies

60. . . . .CHAPTER 3: CFA & ACH MODULESCFA ModuleCFA ModuleOverview of CFAPayBase creates a Payment file when selecting Build in the Build a PaymentBatch dialog box. This Payment file is referred to as a Dollar file due to its*.$$$ file extension. This Payment (Dollar) file includes a record of eachcheck printed on one (or more) accounts at a selected bank, assuming therecord was not previously included in an earlier Payment file.This file is transmitted to a selected bank, providing the institution with Payeename, check amount and other applicable information. By using this method,Banks can detect and determine if a given check is genuine and issue funds, orfraudulent and refuse the check.Using CFAUse this module to Build, Extract and Transmit CFA Batches, Receive andMatch Bank Files, add Manual payments to a Bank File, and Void or Stop aPayment in the Bank file. These activities occur after a Bank File has beencreated with the CFA Wizard. The CFA toolbar is shown below:Figure 3.1: The Check Fraud Avoidance toolbarFrom the Modules menu, choose Check Fraud Avoidance and the followingcommands are visible:• Build CFA Batch• Extract CFA Batch• Transmit CFA Batch• Receive• Match• Manual Payments• Void/Stop Payment60 CFA & ACH Reference Manual