Assigning Bank/Payer Codes

Modified on Tue, Jun 17 at 12:54 PM

Using Bank/Payer codes is optional. These unique numbers are assigned to payers as their unique IDs. When a tax office assigns a bank/payer code to a payer, the code becomes visible on the Payer's Mortgage Registrations and Escrow Payment files.

To assign bank/payer codes, navigate to EscrowCloud and click on the "Payers" tab and select "Payers" from dropdown.

Locate the payer(s) you want to assign codes to by either scrolling through the list or using the Filter Results option on the right side of the screen.

Enter the assigned code in the designated field and click "Save”.

To check for any missing codes, use the Filter Results option on the right side of the screen. Under the Filter by Managed Payer Code dropdown menu, select Missing Codes. This will display all payers without assigned codes.