Payment Intercepts is the process of establishing intercept requests, determining the eligibly of payments for intercept, determining the amount of intercept for individual payments, charging fees on intercepted debt, tracking intercept activity, and transferring funds to the entity requesting the disbursement intercept. The Intercept Functionality in Advantage also allows you to record the Debts that were intercepted in an External Payment System. These Debts could either be an Internal Debt (Debts that originated within the Advantage Application) or an External Debt (Debts that originated outside of the Advantage Application). You can also alert debtors that they may be subject to the intercept process if their payments are not promptly received by issuing Notice of Intent to Intercept Letters.
For more information on the Intercept functionality in Advantage Financial, refer to the CGI Advantage – Intercept User Guide.