3.3.22 Exchange Rate/FX Processing
If the Debit Currency is different from Transfer Currency, then the flag External Exchange Rate Required is referred from the Cross-Border ISO Network Preferences Maintenance for the Host Code, Network Code, and Transaction Type as Outgoing combination.
If the flag is set as Yes, then the External Exchange Rate System Code is picked up from the External Exchange Rate System Mapping (PMDERMAP). An External Exchange Rate request XML is sent to the external exchange rate system, and a record is logged into the Exchange Rate Queue (PQSEXEXQ) with Queue Code as External Exchange Rate Queue.
- The FX Rate Type value defined in the Generic Wires ISO Outbound Network Preference Maintenance (PSDOGWNP) is referred.
- The credit amount is derived based on the FX Rate Type value and using BUY rate. This amount derivation is done on Enrich user action for manually entered transaction.
Parent topic: Outbound Transaction Processing