Minimum Balance Waiver Checker
Audit actual cycle daily closing balances under caller minimum/average waiver rule with independent alternate qualification evidence; cycle completeness, collected-versus-ledger balance definitions and account terms are not inferred.
Description
A balance waiver can use the cycle minimum or mean, plus an independent alternative condition.
A balance waiver can use the cycle minimum or mean, plus an independent alternative condition. Negative closing balances remain part of the evidence.1
The returned values include Observed policy balance minor, Balance criterion met, Caller fee waiver qualified. The How section below explains the calculation, input rules and interpretation.
When to use Minimum Balance Waiver Checker
Use Minimum Balance Waiver Checker when you need to evaluate the supplied records under the calculation and evidence rules below. No cycle completeness, collected-versus-ledger definition or account terms are inferred.
Prepare observed financial records and verified caller terms. Use one currency for integer minor-unit money and preserve leading zeros in identifier text. One basis point is 0.01 percentage points. Resolve dates, local clocks, counting rules and evidence flags as specified.
How to use Minimum Balance Waiver Checker and understand its results
- Prepare observed financial records and verified caller terms. Use one currency for integer minor-unit money and preserve leading zeros in identifier text. One basis point is 0.01 percentage points. Resolve dates, local clocks, counting rules and evidence flags as specified.
- Enter observedDailyClosingBalancesMinor, callerWaiverBalanceThresholdMinor, callerBalanceRule, independentWaiverEvidenceSatisfied using the field table and calculation rules, then run the tool.
- Read observedPolicyBalanceMinor, balanceCriterionMet, callerFeeWaiverQualified. The explanation below defines the units, signs, ordering and any flags or placeholder values.
- If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
| Input field | Meaning | Value type; see rules below | Requirement |
|---|---|---|---|
| observedDailyClosingBalancesMinor | Observed daily closing balances minor | list of number | Required |
| callerWaiverBalanceThresholdMinor | Caller waiver balance threshold minor | number | Required |
| callerBalanceRule | Caller balance rule | string | Required |
| independentWaiverEvidenceSatisfied | Independent waiver evidence satisfied | boolean | Required |
Enter a nonempty safe-integer signed daily-balance list, nonnegative safe-integer threshold, exact token average or minimum and an evidence boolean. Sum with exact integers; compare an average criterion using exact sum against threshold×count before returning numeric mean. Return metric, balance criterion and joint waiver flag.
metric=rule minimum?min(balances):mean(balances); qualifies=(metric≥threshold) or alternativeEvidence Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| observedPolicyBalanceMinor | Observed policy balance minor | number |
| balanceCriterionMet | Balance criterion met | boolean |
| callerFeeWaiverQualified | Caller fee waiver qualified | boolean |
{
"input": {
"observedDailyClosingBalancesMinor": [
100,
300
],
"callerWaiverBalanceThresholdMinor": 150,
"callerBalanceRule": "average",
"independentWaiverEvidenceSatisfied": false
},
"output": {
"observedPolicyBalanceMinor": 200,
"balanceCriterionMet": true,
"callerFeeWaiverQualified": true
}
}Limitations and assumptions
No cycle completeness, collected-versus-ledger definition or account terms are inferred.
Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Numeric lists are limited to 10,000 entries; string lists to 128 strings of at most 128 characters each. The rules above may impose smaller limits. Extremely large text inputs are rejected. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors. A successfully returned false flag is an evaluated outcome; its meaning is explained above.
Alternative or Complementary methods
Use Bonus Rate Direct Deposit Qualifier Checker: Bonus-rate qualification can require both payroll amount and event count. Only caller-classified qualifying deposits enter either measure. For a complementary task, use Overdraft Fee Sequence Cap Lookup: Daily fee caps apply to already classified eligible overdraft events in chronological order. Ineligible events do not consume a fee slot.
References
-
Minimum Balance Waiver Checker — tool.io
Similar or alternative tools
- Bonus Rate Direct Deposit Qualifier Checker
Bonus-rate qualification can require both payroll amount and event count. Only caller-classified qualifying deposits enter either measure.
- Overdraft Fee Sequence Cap Lookup
Daily fee caps apply to already classified eligible overdraft events in chronological order. Ineligible events do not consume a fee slot.