1. EU SEPA Credit Transfer User Guide
  2. Domestic Low Value Payments
  3. ACH Inbound Transaction Processes and Validations
  4. Future Dated Inbound Payment

Future Dated Inbound Payment

  • Local Holiday check will be done for the future date and in case of a holiday Inbound payment value date will be moved to next working day. This will be applicable for uploaded transactions only. For user input transactions, system will throw error.
  • Future dated ACH Inbound transactions will be processed by separate jobs.
  • Processing of transactions would be completed till sanction check on booking date itself and will be stored in future dated transaction tables.
  • During BOD, future dated transaction job picks up transactions with value date as current date and completes steps for processing from initial validations.

Note:

Future dated transactions job should be run after rate refresh. This must be handled operationally.

Parent topic: ACH Inbound Transaction Processes and Validations