SEC Code Specific Validations

2.2.6.2 SEC Code Specific Validations

Performs validations specific to the SEC code for inbound credit transactions.

System checks if the Individual Name or Receiving Company Name is present in the incoming message in Record Type 6 for the below SEC Codes:

Table 2-46 SEC Codes and Individual or Receiving Company Name

SEC Codes	Individual Name or Receiving Company Name
TEL, WEB	Mandatory (M) This field must be present in the incoming file.
CCD, CIE, CTX, PPD, RCK	Required (R) This field may not be present in the incoming file.
ARC, BOC, POP	Optional (O) This field may not be present in the incoming file.

SEC Codes

Individual Name or Receiving Company Name

TEL, WEB

Mandatory (M)

This field must be present in the incoming file.

CCD, CIE, CTX, PPD, RCK

Required (R)

This field may not be present in the incoming file.

ARC, BOC, POP

Optional (O)

This field may not be present in the incoming file.

Parent topic: Credit Inbound Transaction Processing