Note: This procedure applies only to categories/subcategories that require manual verification.
All transaction collections (transactions from a category that are submitted together) and uploaded files must be verified before they can be picked up by the financial institution and originated into the clearing system. The application home page notifies you of any collections/files pending verification. Your FI may also require that collections and files be authorized.
If a collection has a Pending status, there is at least one anomalous item in the collection that must be approved on the Review Suspicious Transactions page—this page automatically displays after verification (if this is the only approval step required by your FI) or authorization. A status of Analysis Failure indicates that the suspicious transaction review process failed; however, you may continue to verify, authorize, or reject the collection(s) as necessary.
Note: The Verify page shows you only the transaction collections and files that you have authority to verify. For example, if you do not have the Verify Own authority for the PPD category, you will not see the PPD transaction collection pending verification that you submitted. Another user with the Verify Others authority for the PPD category will have to log in to the application and verify the transaction collection.
Choose Review | Verify Transactions.
Check the totals for collections and files, which are on separate tabs. You can see the details for a transaction collection by clicking the item. Click X in the right corner of the pop-up page to close it. If a collection or file is incorrect, you should reject that collection or file. If a message appears at the top of the page indicating you have exceeded the maximum daily amount limit(s) set by your financial institution, you may reject collection(s) or file(s) to remove them from the Verify Transactions page.
To verify selected collections and/or files, mark the ones to verify by clicking the check box to the left of each collection or file. Choose Verify to verify marked collections on both tabs.
To verify all collections and files requiring verification on both tabs, choose Verify All. Click OK.
If you have transaction collections set to export automatically upon verification, choose Save on the Download dialog box. Navigate to the download location, change the name if necessary, and click Save. After the file has been downloaded, click Close on the Download Complete dialog box. If you are downloading multiple files, repeat step 4 for each file.
If your FI has enabled the suspicious transaction review setting (and authorization is not required by your FI), analyze the anomalous items, and then choose either Approve Transactions or Cancel Verification.