Pass-through Cross Border/RTGS Transactions booked via Fedwire Incoming
This is applicable to the Cross Border/RTGS payment debit accounting entry posting processing for the pass-through transactions booked due to Incoming Fedwire Messages.
The flag 'Early Nostro/Vostro entry posting' in the Fedwire Network Preferences maintenance (PWDNWPRF) will be referred for the network code 'FEDWIRE' (hard-coded) and for the transaction type 'Incoming' combination. The network code value will be hard coded as 'FEDWIRE' while looking up the Fedwire Network preferences maintenance.
If the network maintenance level flag value is 'Yes', then the debit entry posting (DRLQ) will be done immediately after resolving the debit account. If the transaction is moving to Non STP queue (PQSNSTPQ) due to the Non STP rule evaluation, then the debit entry posting will be done before moving the transaction to Non STP queue. If the transaction is not moving to Non STP queue, then this debit entry posting is done during initial validations processing. After posting the debit entries, the transaction level 'Debit Liquidation Status' flag will be updated as 'Liquidated'.
If the flag value is set as 'No', then the debit entry posting will not be done immediately after resolving debit account (Before moving the transaction to Non STP Queue or during the initial validations processing). The debit entry posting will be done along with credit entry posting [before network cutoff processing step].
Parent topic: Accounting changes