2.2.3.16 On-us Transfer Processing
On-us Transfer Processing refers to the workflow for processing payment transactions where both the source (payer) and the destination (payee) accounts are maintained within the same bank or financial institution.
On-us transfer check is done as part of initial validations of the
transaction. An outbound ACH Credit is marked as on-us transfer if:
- RDFI Routing number is listed as the routing number for any valid Branch for the same Host of the transaction Branch as maintained in US ACH ABA Number (Function ID: PMDABANR).
- Dispatch is not applicable for on-us transfers as configured in US ACH Preferences (PNDNWPRF).
For on-us transfers, additional validations on credit account are done and EAC request is sent for the credit account. Accounting entries are posted directly to Credit Account. Dispatch is not applicable for on-us transfers.
Parent topic: Credit Outbound Transaction Processing