Running a ChexSystems Verification - Business

Complete the following steps to run a business verification when ChexSystems is the selected interface.

1. Select the Interfaces node from the Loans menu.
   The Interfaces screen appears.
   

   

   
   
2. Select the Add New tab.
   The Interfaces screen appears.
   

   

   
   
3. Select ChexSystems from the Choose Interface drop-down menu.
   
   

   

   
   
   The Consumer 1 (default) of the five Consumer tabs appears.
   

   

   
   
4. Select the Business tab.,mmmkj
   The Business Customer and Current Address sections appear.
   

   

   
   
5. Complete all fields for transmission to ChexSystems Account Verification.
6. Select Transmit.
   The information is transmitted to ChexSystems, and a message appears confirming that the information was transmitted.
7. Print the report when required.
8. Select one of three options:

   Re-transmit

   Provides for retransmission after adding or editing information.

   Create Account

   Advances to Parties To The Loan under Loans In Process node with Consumer One as the primary relationship. A CIF record can be created when Consumer One is a non-bank customer.

   Notice of Action

   Advances to the Notice of Action node. The applicant information appears in all respective fields.