1. The first step is to make sure your credit union has filled out the three required forms: Sign Up Form, Electronic Payment Service Agreement, and Fed ACH Participation Agreement.  There is also a non-disclosure agreement to sign to receive a copy of Magic-Wrighter's SSAE-16 audit results.
  2. Once the Client Service and Education team has received the forms from your credit union, they will send the form to our third party processor, Magic-Wrighter.
  3. Magic-Wrighter will submit a confirmation with a set of codes that the programming team will use to set up the process.
  4. At that time, the Client Service and Education team is notified so they can contact your credit union.  They will direct your staff on configuring the setup in CU*BASE.
  5. Once the configurations are complete, your credit union will then submit a test transfer ($1.00 transaction) to make sure the process is complete.
This process is in place for A2A Transfer processing, Membership Opening Process (MOP), LoanPay Xpress, and CU*BASE ACH Accounts Payable features.