Settlement Preference Derivation

2.2.3.2 Settlement Preference Derivation

Determines settlement instructions based on predefined preferences during credit outbound processing.

For US ACH Outbound Credit transactions, the system refers to the field Prefer Same-Day ACH Credit Processing in the Company ID – Account Mapping Detailed (PMDCIACC) screen, when the US ACH Entry Type is ACH Credit or All. If set to Yes, the Settlement Preference is derived as Same Day. Otherwise, it defaults to Standard.

Note:

If Settlement Preference is not selected during manual booking or not provided in the US ACH transaction via REST service, the system derives it automatically.

Parent topic: Credit Outbound Transaction Processing