1. ACH Debit User Guide
  2. ACH Debit Receipts - Reversal Processing
  3. Upload of Pacs.007 Message
  4. Pacs.007 Message Upload

Pacs.007 Message Upload

File level Validations

The message is to be placed in a specified folder and the file path and Network details are to be sent in file envelope service. The file type to be used is 'ACHDDReversal'.

On upload of the message pacs.007.001.09, system performs the below validations:
  • File format validations - This is done based on the XSD maintained in the 'Schema Definition File Path' for the file type 'ACHDDReversal' in File Parameters Detailed screen PMDFLPRM.
  • Validation of Number of transactions and control sum in the file, if available

Branch & Network Derivation

The below details are derived from the file envelope details available for the message:
  • Host Code
  • Transaction Branch
  • Network Code
  • Source Code

The settlement date received is the Instruction Date for the Reversal transaction. If this date falls on a Network Holiday, the Instruction Date is moved forward to next Network working Day. If Instruction Date is a back date, it is moved to current date provided current date is a Network working day. If it is Network holiday, instruction date is moved to next network working day.

Activation Date is same as the Instruction Date provided it is not a branch holiday. If it is a branch holiday, it is moved to next branch working date.

Note:

Instruction Date once derived is not changed during transaction processing unless a new date is returned by External FX system.

Receipt Accounting

If the parsing & upload of the inbound pacs.007 is completed, Receipt accounting is posted if Receipt Accounting Code is maintained for ACH Debit Receipts Preferences PZDINPRF - Reversal Preferences tab.
Reversal Accounting Event Dr/Cr Account Account Type Amount Tag
DD Receipts - Reversal ZWRC Dr Nostro Account Account RVL_STTL_AMT
DD Receipts - Reversal ZWRC Cr Network Clearing GL GL RVL_STTL_AMT

The return amount received in FItoFTPmtRvsl /TxInf / RvsdIntrBkSttlmAmt is consolidated for accounting. The transaction records are grouped based on Branch, Currency and settlement date.

Parent topic: Upload of Pacs.007 Message