CNAPS Inbound Payment Validations
Inbound payments follows the below listed processing steps:
- Debit Accounting
- Initial Validations
- Transaction block checks & beneficiary name match
- Duplicate Check
- Authorization Limit check
- Sanctions Check
- FX processing
- Pricing
- EAC Check
- Credit Accounting: Notification XML & IR XML generation
- Credit confirmation for BEPS -Real-time