Description: This article will guide you step by step on how to edit the fees and details not related to the SSN, DOB, email address, or the bank account information.
Process:
Log in to your Account HUB using your Admin Credentials.
Click “View” in “Manage Banking” or click “Manage Banking” on the left side of your screen.
Locate the EFIN you want to edit.
Click on the bank name you want to edit, located on the right side of the screen.
Now, we need to jump to the correct section. Click on section 3 Additional Fees.
Section 3: Additional Fees
Please modify any piece of information in this section. Here are some tips to take into consideration while modifying it.
TIPS:If you change the “YES” to “NO”, you won't be able to add any add-ons to the transmission fee.
The base transmission fee and Tech fee go to the software.
The additional transmission fee can go between $1 to $78. You can type the amount you want. The SB owner receives this fee in late June - early July and December.
The SB fee can go up to $99 and the SB owner receives it in real time once the bank product funds.
For TPG: We strongly suggest leaving the “Document Prep Fee” at $0, because TPG adds an extra charge (Please see the Fee Range) that won’t be received by you. If you would like to get a couple extra dollars, we recommend adding it to the SB fee or the Additional Transmission Fee.
For TPG: We strongly suggest leaving the “Check Administration Fee Program” in “No”. The program charges $12.00 for each disbursement check, and you’ll only get $4, and even if you leave it in “No” you’ll still be able to print checks.
Click Save
Now we need to lock and submit the application. Please DO NOT skip this step, otherwise your modifications won’t get saved and applied.
Click on section 8 Lock and Submit Application.
Section 8: Lock And Submit Application
Remember, in this section, you’ll submit the changes. This application will be reaccepted quickly if you only modify the fees. This final step is crucial, otherwise the application won’t be submitted.
A pop-up will display. Click OK.
The following message will be displayed.
You’ll see the “8” turns green and the lock turns red.
Close it by clicking on the red “X” in the top right corner.
Refresh the page.
You’ll see the bank application that was modified will show a red lock, this means it was resubmitted.
After these steps, you only need to wait for the bank application to get reaccepted.
