Settlement Instruction in Inbound Transaction Processing refers to the step where the system identifies and records how and through which channels the incoming payment will be settled.

• If the SSI Label value is not entered, the SSI defaulting is applied based on the Settlement Instruction preference (i.e., the SSI Handling field) maintained at the Source Maintenance Detailed (PMDSORCE):

  • If the SSI Handling field is set to Default And Verify.

    If a transaction is received without an SSI label, and a default SSI label exists for the combination of Customer, Network Code, and Transfer Currency in the Settlement Instruction Maintenance (PMSISMNT), the system fetches the routing details and updates the transaction accordingly. The transaction is then moved to the Settlement Review Queue (PQSSSIQU) for user verification.

  • If the SSI Handling field is set to Default.

    If a transaction is received without an SSI label, and a default SSI label is available for the Customer, Network Code, and Currency, the system retrieves the routing details from the default SSI label. As no further verification is required, the transaction is moved to the Settlement Review Queue.

  • If the SSI Handling field is set to Not Required.

    Default SSI label pick up is not applicable for transactions received from this source.

• If an SSI Label is entered manually, it is validated in the Settlement Instruction Detailed (PMDSSIMT). If no valid SSI Label is found, the transaction is moved to the Settlement Review Queue (PQSSSIQU):
  • If the SSI Handling field is set to Default And Verify, the transaction is routed to the Settlement Review Queue (PQSSSIQU) for user verification.
  • If the SSI Handling field is set to Default, no verification is required, so the transaction proceeds directly to the Settlement Review Queue.
  • If the SSI Handling field is set to Not Required, the transaction also moves to the Settlement Review Queue without verification.