3.2.3 UPI Reconciliation Extraction
From the reconciliation perspective, UPI will provide the extracts containing the details of transactions performed in a settlement cycle. The Bank UPI switch is also expected to generate the similar extracts for the transaction executed within the settlement cycle. Also from the Bank CBS similar extracts are to be generated so that the bank is to perform the reconciliation basis information present in bank, UPI switch and the information received from NPCI.
The following files are needed to be generated from Bank UPI switch for the
reconciliation:
- P2P – Remitter: include all the transactions received as P2P with DR type.
- P2P – Beneficiary: include all the transactions received as P2P with CR type.
- P2M – Remitter: include all the transactions received as P2M with DR type.
- P2M – Beneficiary: include all the transactions received as P2M with CR type.
Parent topic: India UPI