Payment Distribution Order

The payment distribution order is stored as a string of 166 characters comprised of 83 pairs. The first 70 pairs have fixed values and the position within the string reflects its position in the distribution order. The last 13 pairs have variable values and are fixed in position.

Default Distribution Order

Position	Value	Description
1	XX	APPLICATION OF OLDEST PAYMENT FIRST (PAST DUE)
2	XY	APPLICATION OF OLDEST PAYMENT FIRST (CURRENT DUE)
3	14	N/A – formerly oldest payment interest
4	15	N/A – formerly oldest payment principal
5	16	N/A – formerly oldest payment late fees
6	18	N/A – formerly oldest payment misc
7	19	N/A – formerly newest payment interest
8	20	N/A – formerly newest payment principal
9	21	N/A – formerly newest payment late fees
10	01	Past due interest
11	02	Past due principal
12	03	Past due late fees
13	04	Past due fees
14	06	Current interest due
15	07	Current principal
16	08	Current late fees
17	09	Current fees
18	40	Current interest accrued
19	12	Unbilled principal
20	13	Suspense
21	38	Unbilled late fees – formerly newest payment misc
22	39	Unbilled fees
23	11	Current interest accrued through effective date
24	41	Past due user def #1
25	42	Past due user def #2
26	43	Past due user def #3
27	44	Past due user def #4
28	45	Past due user def #5
29	46	Past due user def #6
30	47	Past due user def #7
31	48	Past due user def #8
32	49	Past due user def #9
33	50	Past due user def #10
34	51	Current user def #1
35	52	Current user def #2
36	53	Current user def #3
37	54	Current user def #4
38	55	Current user def #5
39	56	Current user def #6
40	57	Current user def #7
41	58	Current user def #8
42	59	Current user def #9
43	60	Current user def #10
44	61	Unbilled user def #1
45	62	Unbilled user def #2
46	63	Unbilled user def #3
47	64	Unbilled user def #4
48	65	Unbilled user def #5
49	66	Unbilled user def #6
50	67	Unbilled user def #7
51	68	Unbilled user def #8
52	69	Unbilled user def #9
53	70	Unbilled user def #10
54	05	Past due deferred interest
55	10	Current deferred interest
56	81	Unbilled deferred interest
57	85	P+I inclusion user def #1
58	86	P+I inclusion user def #2
59	87	P+I inclusion user def #3
60	88	P+I inclusion user def #4
61	89	P+I inclusion user def #5
62	90	P+I inclusion user def #6
63	91	P+I inclusion user def #7
64	92	P+I inclusion user def #8
65	93	P+I inclusion user def #9
66	94	P+I inclusion user def #10
67	95	P+I inclusion def. interest
68	96	Past due impound
69	97	Current impound
70	98	Unbilled impound
71	30	# of day(s) when position 72 is CD or CE.
72	34	Apply excess principal as future payments
	35	Apply excess principal as future payments
	CA	Apply excess principal as future payments Limit to 1 future billing per payment
	CB	Apply excess principal as future payments Remove future billings on reversal
	CC	Apply excess principal as future payments Limit to 1 future billing per payment Limit future billing within # day(s) of date paid Remove future billings on reversal
	CD	Apply excess principal as future payments Limit to 1 future billing per payment Limit future billing within # day(s) of date paid
	CE	Apply excess principal as future payments Limit to 1 future billing per payment Limit future billing within # day(s) of date paid Remove future billings on reversal
73	36	Interest through due date (zero balance) Interest through due date (negative balance)
	37	Interest through due date (zero balance) Interest through due date (negative balance)
	BA	Interest through due date (zero balance) Interest through due date (negative balance)
74	71	Disable suspense bucket
	72	Disable suspense bucket
75	BB	Reject partial payments
	BC	Reject partial payments
76	BD	Suspend partial payments
	BE	Suspend partial payments
77	BF	Disable auto reversal of late fees on effective dated payments
	BG	Disable auto reversal of late fees on effective dated payments
78	BH	Disable auto application of reversed late fees on NSF and reversed payments
	BI	Disable auto application of reversed late fees on NSF and reversed payments
79	BJ	Disable re-application of payments during out of sequence payment reversal
	BK	Disable re-application of payments during out of sequence payment reversal
80	79	Reserved
81-82	0000	Value is the hexadecimal of the sum of the selected items. Example: 1 + 2 + 4 + 8 + 16 = 31 = 001F 1 - Oldest payment First 2 - Cover late charges 4 - Cover fees 8 - Cover impounds 16 - Cover UDB 1 32 - Cover UDB 2 64 - Cover UDB 3 128 - Cover UDB 4 256 - Cover UDB 5 512 - Cover UDB 6 1024 - Cover UDB 7 2048 - Cover UDB 8 4096 - Cover UDB 9 8192 - Cover UDB 10
83	BL	Future payments follow all past due & current balances
	BM	Future payments follow all past due & current balance