Refers to the handling of incoming credit transactions that a bank or financial institution receives from external networks such as ACH, Fedwire, SWIFT, RTP and others.

Inbound transaction follows the below listed processing steps:

• Non STP Processing
  Manages inbound credit transactions that cannot be processed straight through and require manual intervention.
• SEC Code Specific Validations
  Performs validations specific to the SEC code for inbound credit transactions.
• Repair Validations
  Validates and identifies errors in inbound credit transactions for repair.
• Business Override Validations
  Allows users to override specific business validation failures for inbound credit transactions.
• Authorization Limits Check
  Validates inbound credit transactions against defined authorization limits before processing.
• Sanctions Check
  Checks inbound credit transactions against sanctions lists to ensure compliance.
• Future Date Checks
  Validates that inbound credit transaction dates are within allowable future limits.
• FX Validation
  Validates foreign exchange details for inbound credit transactions to ensure correct currency and conversion.
• Pricing
  Calculates applicable fees and charges for inbound credit transactions based on pricing rules.
• External Account Check
  Validates inbound credit transactions against external account details for accuracy and compliance.
• Accounting
  Posts inbound credit transactions to the general ledger and updates accounting records.
• Zero Dollar Entry Processing
  Processes inbound credit transactions with zero-dollar amounts, ensuring proper handling and compliance.
• Pre Notification Entry Processing