Business Alerts
Alerts are important to keep in tune with your online banking, but this goes double for business accounts. Knowing when money is moving, when balances hit specific thresholds, when permissions have changed, and more are vital to running a healthy business. Banno Business offers a suite of valuable alerts to help you stay in touch with everything happening in your business, all from the familiar space of your banking apps.
How does it work
Alerts can be added for your Business account just like for your digital banking, within the Settings page. Each alert can be delivered via email, SMS, or within the app itself. The following alerts are available:
General alerts
- Certificate matured
- The fixed term for the CD account has ended, and the principal plus accrued interest is now available to be withdrawn or reinvested.
- Insufficient funds
- A transaction was not completed due to a lack of funds in the selected account.
- Loan matured
- A loan has matured and all final payments are due.
ACH alerts
- ACH batch uninitiated
- A previously initiated batch has been canceled.
- ACH EDI
- An ACH EDI payment is incoming.
- ACH batch initiated
- A scheduled batch has begun processing.
- ACH batch processed
- An initiated batch has successfully completed processing.
- Recurring ACH batch about to be initiated
- A scheduled recurring batch is scheduled to initiate.
- Recurring ACH batch not initiated
- A scheduled recurring batch was not initiated when scheduled.
- Recurring ACH batch is about to expire
- The set expiration for the ACH batch is coming soon. The amount of time before this alert fires is set at the core level.
- ACH batch updated
- A scheduled ACH batch has been altered in some way.
- ACH batch pending approval
- A scheduled batch is ready for approval to proceed through processing.
- Incoming ACH credit
- An ACH transaction is moving money into the given account.
- Incoming ACH debit
- An ACH transaction is moving money from the given account.
Wires alerts
- Recurring wire not transferred
- A recurring wire transfer was not completed as scheduled.
- Recurring wire expiring soon
- The set expiration for the wire is coming soon. The amount of time before this alert fires is set at the core level.
- Wire ready for approval
- A scheduled wire transfer needs approval to continue processing.
- Wire transfer updated
- A scheduled wire transfer has been edited.
- Recurring wire expired
- The set expiration date for a wire has passed.
- Recurring wire to be transferred
- A recurring wire transfer is scheduled and preparing to process. The amount of time ahead of the transfer that this is fired is set in the core.
- Wire transferred
- A scheduled wire transfer has completed.
- Incoming wire
- A wire transfer is preparing to credit the given account.
Positive pay alerts
- Pos Pay review time ending
- The window for a company to review and approve or reject checks presented for payment, against a list of checks they’ve issued, is closing.
- Pos Pay exceptions
- One or more checks do not match the information provided to the bank and require a manual decision on whether to honor or reject the payment.
- ACH exceptions
- An ACH transaction has encountered an issue and requires a decision on how to proceed.
Business management alerts
- Business email address changed
- The configured email address for the business account has been modified.
- Business phone number changed
- The configured phone number for the business account has been modified.
- Business user permissions changed
- The user’s permissions have been changed.