{"id":1043,"date":"2010-08-30T09:36:20","date_gmt":"2010-08-30T14:36:20","guid":{"rendered":"http:\/\/www.camsbycbs.com\/wordpress\/?p=1043"},"modified":"2011-06-12T10:23:25","modified_gmt":"2011-06-12T14:23:25","slug":"important-nsf-fees-for-one-time-vs-recurring-transactions","status":"publish","type":"post","link":"http:\/\/www.camsbycbs.com\/wordpress\/?p=1043","title":{"rendered":"Important: NSF Fees for One-Time vs. Recurring Transactions"},"content":{"rendered":"<p><em>For those credit unions using ATM\/Debit Cards ...<br \/>\n<\/em><br \/>\nRegulation E calls for members to Opt-In for NSF charges for one-time debit card transactions, but recurring debit card transactions do not require an Opt-In.<\/p>\n<p>We have modified CAMS-ii to separate one-time debit card transactions from recurring transactions based on the EFT vendors' (ATM\/Debit Card vendor) specifications. Although CAMS-ii cannot separate the transactions unless the you have asked your EFT vendor to activate that code.<\/p>\n<p><b>IMPORTANT: <\/b> CBS strongly urges you to contact your EFT vendor to ensure that the transaction file has the code to distinguish one-time from recurring debit card transactions.<\/p>\n<p><b>Note:<\/b> CAMS-ii always applies NSF charges to a recurring debit, if needed; otherwise, for one-time debits, CAMS-ii follows the Opt-In selections on Personal Data and\/or Draft record.<\/p>\n<p>Please address any questions concerning this posting to the CBS Issue Tracking System.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For those credit unions using ATM\/Debit Cards &#8230; Regulation E calls for members to Opt-In for NSF charges for one-time debit card transactions, but recurring debit card transactions do not require an Opt-In. We have modified CAMS-ii to separate one-time debit card transactions from recurring transactions based on the EFT vendors&#8217; (ATM\/Debit Card vendor) specifications. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"_links":{"self":[{"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/1043"}],"collection":[{"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1043"}],"version-history":[{"count":9,"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/1043\/revisions"}],"predecessor-version":[{"id":1406,"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/1043\/revisions\/1406"}],"wp:attachment":[{"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1043"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.camsbycbs.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}