1. China National Advanced Payment System (CNAPS) User Guide
  2. CNAPS Credit
  3. CNAPS Credit Inbound Payments Processing
  4. CNAPS Inbound Payment Validations
  5. Beneficiary Name Match

Beneficiary Name Match

  • This is done similar to the existing functionality available for ACH transactions. System first checks whether the beneficiary name match is applicable for the payment type in CNAPS Network Preferences for inbound payments
  • If it is applicable, the beneficiary name in the incoming payment message is matched with the customer name linked to beneficiary account number.
  • If the names are not matching, system checks the names maintained for the account number in the Customer Name Matching Screen. Only authorized records with Approval status as ‘Approved’ are considered for matching. If any match is found, the transaction is processed furthers.
  • If proper match is not found, the transaction is moved to Repair queue. You can edit the name, from the Repair Queue. On authorization, system does the name match again with the Customer Name linked to the account. If it is matching with the customer name, the transaction proceeds further, else the transaction remains in the repair queue.
  • If the name match is successful after the repair, the name received in the inbound message is added as a new record with maintenance status as ‘Learned’ and approval status as “Not Approved” in Customer Name Match Maintenance.
  • You can unlock the maintenance and modify the approval status as approved. On authorization of this modification, the new added name is considered for name matching for transaction received afterwards.

    Note:

    Other processing steps are similar to outbound payments except for EAC where credit account details are sent to External DDA system.

Parent topic: CNAPS Inbound Payment Validations