RBC Payee Match. Payee Match

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Transcription:

Payee Match What is Payee Match? Payee Match is a cheque fraud mitigation service. To use Payee Match, your organization will provide RBC with the details of cheques you intend to issue. Any cheques that do not match those details will be flagged as exceptions which you will have the choice to pay or return. Here is the main process you will use within Payee Match: Administration - Accessing Payee Match View and decide exceptions Search Details of your organization s Payee Match settings: Exceptions will be available to view/decide at 10AM Cut Off Time to decide: 2PM local time for CAD 1PM local time for USD Time zone: EST MST CST AST Default Decision: If no decision is made by the cut off time above, RBC will defer to your default setting Pay - decide to pay the cheque item Return decide to return the cheque item, based on the exception File upload method: File download method: Notification email: File confirmation email: Testing Requirements Once the details of your Payee match account(s) have been established, our testing team with assist with your implementation. Your designated testing analyst will assist you to ensure: Your connectivity method is established Files meet RBC specification Receipt of email notifications Testing is mandatory; after the successful test cycle of two consecutive test files the analyst will provide you with the sign off document. The document confirms the accounts that are requested to move into production. Training Job Aid Mar 2019 1

Important Details for the File Upload Process: A file must be uploaded to RBC whenever new cheques are issued, if not, the items will appear as exceptions. When transmitting your File to RBC please ensure: The lines of data in your input file need to match EXACTLY what is printed in the pay to the order of section of the cheque in order to avoid exceptions. Based on your starting serial number, you must upload an outstanding Cheque issue file You must review the file confirmation email after each upload to confirm there are no errors in your file If the file notification e-mail indicates errors, then you must retrieve your Error Report. The first line of your production file is $$LW00PMFF$$, this will be needed for each live file that you upload. Administration - User Permissions An RBC Express Administrator may need to grant access to Users. The use access should reflect the individual s role and can be set up with a segregation of duties. Here are the roles available in Payee Match: View Users assigned the View role may search both processed and issued items under the account number(s) they have access to, as well as current exceptions. *View users are not able to make decisions on exceptions; this is restricted to the Exception role Exception Users assigned the Exception role may both view and decide to pay or return exception items for the account number(s) they have access to. Process Users assigned the Process role may search both processed and issued items under the account number(s) they have access to, like the View role. In addition, Process users can delete issued records. Example of Permissions on RBC Express Training Job Aid Mar 2019 2

Where to Locate Payee Match Notes: If you have the exception role, you will see the Current Exceptions icon on the landing page after logging into Payee Match. View/Decision Exceptions Action Exception: Once you click on the (above) it will provide you a list of all the exception items for the accounts assigned to you. This is where you can review and decision your exception. *To view the image, you must click on the serial number of the cheque Training Job Aid Mar 2019 3

A B C D E F G Serial Number: The serial number found on the cheque Exception Type(s): The type of exception determined by the matching service Issued Date: The date specified in the issued file for this item Clearing Date: The date the cheque was posted Clearing Amount: The dollar amount of the cheque as found in the courtesy box Pay/Return: The selection of your decision to either pay or return the cheque after you have examined the details of the cheque Return Code: The list of available return reason codes to correspond with your return decision (if you choose to return the item) Notes: Training Job Aid Mar 2019 4

Exception Confirmation Page: This page is an overview of the decisions you ve made on your exceptions. You may select back to exceptions if you want to make changes to these decisions or you can submit to complete your exceptions. **Once you click submit, you can no longer make changes to your decision** Below is your final confirmation page, you can click on the Printer Friendly Format link on the top right to print or save a copy of you final decision. Training Job Aid Mar 2019 5

The reason for exceptions: Cut off Purpose Time Result if Missed Exceptions become available 10:00AM Local Time Sign in daily after 10AM to check for exceptions *courtesy email Cut off time to decision exceptions Default Decision: CAD USD 2:00PM Local Time 1:00PM Local Time Return/Pay Notes: Training Job Aid Mar 2019 6

Use this feature to Search for details of cheques whether they are outstanding or processed. If you do not see this refer to your administrator to update you user permissions Click on the search box it will guide you to enter search criteria Example of Search Page: Search: Processed or Issued Cheques Processed Search: Cheques that have already been decisioned on Payee Match or cashed by the recipient of that cheque. Training Job Aid Mar 2019 7

*It is recommended to select all statuses in order to get the full results you may need Issued Search: Items that have been sent out from the file you uploaded, these cheques have not been matched yet and you can review their current status before the decision has been made. Notes: Training Job Aid Mar 2019 8