The requested execution date for all transactions within a batch is same and this date is considered as the instruction date. Activation date is derived based on the instruction date.

Debit currency / Credit currency / Network holiday checks are applied to Instruction date as applicable for the payment type. Branch holiday check is done on the activation date if the same is applicable for the Network.

After deriving the dates, if the activation date falls on current date, process cut off check is done for the batch based on the cutoff time maintained in Payment Processing Cutoff Time screen(PMDCTOFF).

Release, cancel options is available for the batch from Process cut off queue.