6.2.8 External Credit Approval

External Credit Approval refers to the process of obtaining credit approval from an external or third-party source before processing certain payment transactions.

The External Credit Approval System is picked up from the External Customer Account (STDCRACC). An EAC request XML is prepared which includes the details like a debit account, amount to be debited is included in the request. A record is logged in to the ECA Queue. The request is in ECA Queue with status as Pending till the final response (Approve or Reject) is received.

Based on the response from the ECA system, the below processing is done:
  • Approved
    • If the response is received on the same day, then the External Credit Approval Status of the Return transaction is updated as Approved and the processing continue.
    • If the response is received on a later date, then the Return transaction Activation date is updated as the current branch date.
  • Rejected
    • The return transaction will be retained in the ECA Queue with Rejected status for the user to manually cancel the Return transaction if the Auto Cancel system action is not selected. The return transaction can be called from ECA Queue manually.
    • If the Auto Cancel system is selected, then the Return Transaction Status will be updated as Cancelled.
  • Interim
    • The return transaction is retained in the ECA Queue with Interim status for the user to manually cancel the Return transaction.

Parent topic: Outbound Return Processing