ACH Outbound SOAP/REST Web services

Oracle Banking Payments allows you to process the Outbound ACH payment request received from SOAP or REST web services. All the transactions created based on the requests received from SOAP/REST web services are always auto authorized.

The system picks the booking date of the transaction as the application server date. Based on the debit account number through External Account Maintenance, the system derives at the debit account name, debit currency and debit customer.

The following fields are supported for a payment instruction received through REST services:

Source Reference Number
Source Code
Host Code
Transaction Branch
Network Code
Debtor Account (Debtor IBAN if IBAN is mandatory for the network)
Creditor Bank Code
Creditor Account (Creditor IBAN if IBAN is mandatory for the network)
Creditor Name
Transfer Currency
Transfer Amount
Instruction Date

Initial validations as explained in Referential Check & Initial Validations are applicable for payment transactions received from channels as well.

If instruction date is a holiday, activation date is derived as next working day

In case of invalid accounts/bank codes, system does Bank/Account re-direction if any maintenance is available for the invalid codes.

Any validation exception moves the transaction to exception queue. For more details please refer to User Manual on Exception Queues.

Parent topic: Outbound SEPA CT Transaction Input