Default Log Bank Account Payment Process

These are additional processes that you can add to your LMS tenant to help streamline your loan servicing. You can either set them up yourself using process wizards, or reach out to your success specialist to enlist the help of our support engineers (tech support rates may apply).


A major function of LoanPro software is to make common company processes as streamlined and effective as possible, to save users on time and manpower. This article will cover how this is generally accomplished with the Log Bank Account Payment process.

Starting the Process

The Default Log Bank Account Payment Process is used to process an e-check payment made on a loan account.

Enter the specific loan account where the payment is to be processed and navigate to the 'Wizards' tab. Select the 'Category' drop-down and click 'Payment Processing'.

The account must be in an 'Open' status in order to access the wizard. Click 'Open' on the 'Log Bank Account Payment' wizard to begin the process. 

Follow the instructions provided to process an e-check payment. 

If the company has a live Secure Payments account and the borrower's account information is correct, actual funds will be processed.

Once the payment has been saved, click 'Next' to continue the process.

Choose an appropriate Action & Result, then document a note with any additional necessary information regarding the processed payment. Save the information and click Next  to complete the wizard and the process.

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