3.13.4 SEPA Credit Instant - On-Us Transactions Handling

SEPA Credit Instant transaction is marked as On-us if:
  • The creditor agent BIC is Branch BIC of any Branch of the same Host as maintained in STDCRBRN, and
  • Dispatch On-Us transfers preference is not checked in Network Preferences (Function ID: PMDNWPRF).

For an on-us transaction credit account related validations and EAC checks are done and credit accounting of outbound transaction is directly posted to credit account. If recall is initiated for On-Us transactions, system displayed an override message on save of the recall. On acceptance of override and authorization of recall, reversal accounting entries are processed.

Parent topic: EU SEPA