3.15 Clearing and Instruments

Clearing and Instruments - Support for Reprocessing Failed Clearing Records

Inbound clearing file re-processing of failed clearing records: A new summary screen PGSCGTXN is provided for viewing the status of transaction records of Inbound Clearing files uploaded, and this screen allows selection of multiple records with Process Status as Error. Retry button provided in the summary screen will open the Transactions Retry screen with the selected records. On successful re-processing process status of the records will be updated as Processed.

Clearing and Instruments – Support for Debit / Credit Confirmation

For Outbound / inbound clearing & related returns, credit/debit advice generation is made available in SWIFT MT/MX formats. If media is selected as SWIFT in Customer Advice Preferences maintenance (Function ID: PMDCSADV), then the Format Preference value in the existing Bilateral Agreement for Cash Messages (Function ID: PMDCMAGT) is referred. SWIFT MT (MT900/MT910) or SWIFT CBPRPlus format (camt.054) is generated based on the message type maintained in the agreement. Messages sub-screen will be added in the below screens to view the generated message:
  • Outbound Clearing View (Function ID: PGDOVIEW)
  • Inbound Clearing View (Function ID: PGDIVIEW)
  • Return or reversal of Inward clearing View (Function ID: PGDINRVW)
  • Return of Outward Clearing View (Function ID: PGDORNVW)

Demand Draft - Payable Branch Changes

Demand Draft issue support is provided for external Bank codes & branches. Changes are done in Instrument Code screen (Function ID: PGDINSCD) /Instrument Issue screen (Function ID: PIDINSIS) to allow external bank/branch codes.
  • New fields are added in Network Preference for Instruments (Function ID: PIDINPRF)
  • Payable GL Account Branch: Drop-down field with options Issue Branch (Default/Existing support) and Designated Branch.
  • Designated Branch: If the Payable GL Account Branch is selected as Designated Branch, all valid branches for the Host will be listed for this field. This Branch, if maintained, is selected as Payable GL account branch if external Bank/Branch codes are used in Demand Draft (Instrument Type DD) issue.

Validation is added in Instrument pay and in Inward Clearing, not to allow instruments where payable bank and branch are external.

Parent topic: Release Enhancements