Inbound Transaction Processing

Inbound payments follows the below listed processing steps:

Bank Re-direction
The system checks the Bank Redirection maintenance (PMDBKRED) for any redirections maintained against the Bank Codes mentioned in the transaction. If there are any redirections maintained, the Redirected Bank Code replaces the Original Bank Code in the transaction.
Account Re-direction
The system checks the Account Redirection maintenance (PMDACRED) for any redirections maintained against the accounts mentioned in the transaction. If there are redirections maintained, the redirected account replaces the original account in the transaction.
D to A Conversion
The system converts party details (Name and Address) to BIC when records are maintained in D to A Converter maintenance PMDDAMNT.
Account Derivation
The system validates the Debit Account against the External Customer Account Input STDCRACC to check whether the account is valid (Open / Authorized).
PSD Validation
Network Cutoff Validation
Beneficiary Name Validations
Customer Payment Restriction Validation
EU Payer Validation
The EU Payer validation applies only for MT 103.
Sanction Check Validation
Duplicate Check
Authorization Limit Validations
External Account Check Processing
Exchange Rate/FX Processing
Pricing
Accounting
The ‘Debit Liquidation’ & ‘Credit Liquidation’ accounting codes maintained in Network Currency Preferences (PMDNCPRF) for the Host code, Network code, Transaction Type ‘Outgoing’ and Transfer Currency combination are applicable for posting the accounting entries.
MIS & UDF
Transaction Cancellation Processing
Future Date Transaction Processing

Parent topic: Cross Border Inbound Transaction