2.2.3.17 Zero Dollar Entry Processing

Handles outbound credit transactions with zero-dollar amounts, ensuring proper processing and compliance.

The system validates the following conditions for Zero Dollar Entry:
  • The Zero Dollar Entry checkbox is selected.
  • The SEC code is either CCD or CTX.
  • The transaction code is equal to 24, 34, 44, or 54.
  • The Transfer Amount is zero.
  • If validation fails, the system upfront rejects the transaction and displays the error message.
If the Zero Dollar Entry checkbox is selected, the system skips the below processing:
  • Duplicate Check
  • Auth Limit Check
  • FX Limit Check/Rate Pick up
  • Pricing Check
  • ECA Check
  • Advice Generation

Note:

Sanctions check is applicable even for zero dollar transaction.

Standard or Same day processing steps are applicable for zero dollar transaction.

Parent topic: Credit Outbound Transaction Processing