Overview of CNAPS
Processing of inbound/outbound payments through China’s second generation payment system CNAPS2 for the following:
- HVPS - High Value Payment System
- BEPS Regular - Bulk Electronic Payment System
- BEPS Real- Time
For each of the above mentioned networks, following payment types are supported:
- Customer Transfer
- Bank Transfer
For each of the transaction, the message generation is done at custom layer and sent to middle-ware and the actual message/file generation for the Network happens from the middle-ware.
The transactions/processing considered for HVPS/BEPS are as below:
| Sl.No. | Transaction Type | Transaction | Transfer Type |
|---|---|---|---|
| 1 | Outbound | Credit Transfer | Customer transfer |
| 2 | Outbound | Credit Transfer | Bank transfer |
| 3 | Outbound | Account information inquiry | N.A. |
| 4 | Outbound | Receipt of Acknowledgment Messages | N.A. |
| 5 | Inbound | Credit Transfer | Customer transfer |
| 6 | Inbound | Credit Transfer | Bank transfer |
| 7 | Inbound | Sending Acknowledgments (positive/ Negative) | N.A. |
| 8 | Inbound | Directory maintenance | N.A. |
Parent topic: China National Advanced Payment System-CNAPS