1. EU SEPA Credit Transfer User Guide
  2. Domestic Low Value Payments
  3. ACH Inbound Transactions
  4. Inbound SEPA CT Transaction Input
  5. Main Tab

Main Tab

  1. Click on Main Tab in the ‘Inbound SEPA CT Transaction Input’ screen to capture Creditor/ Debtor/ Payments details.

    Figure 2-23 Inbound SEPA CT Transaction Input - Main Tab

    Description of Figure 2-23 follows
    Description of "Figure 2-23 Inbound SEPA CT Transaction Input - Main Tab"
  2. Click New button on the Application toolbar.
  3. On Main tab, specify the fields.

    For more information on fields, refer to the field description below:

    Table 2-12 Inbound SEPA CT Transaction Input - Main Tab - Field Description

    Field Description
    Creditor Details --
    Creditor Account Number Select both DDA and loan accounts from the list of values as the Creditor Account Number.
    All open and authorized accounts maintained in External Customer Account (STDCRACC) and External Consumer Loan Account (STDCRCLN) are listed.

    Note:

    • Customer Status Validations and preferences are applied based on the Customer ID linked to Loan/ DDA Account
    • EAC check is skipped, if the Credit account is a Loan account
    • During initial validations, loan account check is done before account re-direction
    Account Branch System defaults the Account Branch based on the Creditor Account Number selected.
    Account IBAN Based on the creditor account number, IBAN appears by default in the IBAN field, if it is available.
    Creditor Name System populates the Creditor Name based on Creditor Account chosen.
    Account Currency System populates the Account Currency based on Creditor Account chosen.
    Credit Amount This field as populated as the transfer amount converted in credit account currency. The Exchange rate pick up is based on network preferences.
    Customer Number This field is defaulted as the customer ID of the Debtor account chosen.
    Customer Service Model Specifies the Customer Service Model. This is displayed if customer is linked to a service model.
    Debtor Details --
    Debtor Account Number & Account IBAN Either debtor account number or account IBAN is mandatory. If the network is ‘IBAN Check’ enabled, it will be mandatory to specify debtor account IBAN.
    Debtor Name Specify Debtor Name.
    Debtor Bank BIC All open and authorized Bank Codes/BIC codes available in local bank directory are listed in this field. The listing is based on the ‘Bank Network Identifier’ maintained for Network maintenance (PMDNWMNT).

    You can choose the appropriate bank code.
    Payment Details --
    Booking Date System defaults the booking date as the application server date.
    Instruction Date System defaults the Instruction date as current system date. However you can select a future date as Instruction Date. Debit currency/Credit currency & Network holiday checks are applicable for Instruction Date.
    Activation Date System retains the Activation Date input by the user. Also, Activation date will be an optional field. If the activation date is not provided, system will derive the same.
    Activation Date is calculated in the following way:
    • The required number of days are present between activation date and instruction date taking into consideration the settlement days, float days and holidays
    • Activation date is not a back date
    • Activation Date is not a branch holiday
    User can correct the dates and retry, if the validation fails on user input. Error message id displayed for the same.

    Note:

    • If the payment request is received through web services, system will re-derive the activation date and will proceed with the payment.
    • If the transaction is moved to Network cut off queue, it is possible to provide Activation Date and Instruction date while performing Carry Forward action.
    • The’ Value Date change’ action from Future Valued Queue allows providing a new Activation date & Instruction date
    • ACH/RTGS transactions when force-released with a future instruction date, the transaction processing will be completed with accounting on the current day itself.Dispatch records will be inserted with settlement date as the instruction date. Dispatch of messages/file will happen on the instruction date.
    Transfer Currency If the network allows only single currency as per Network currency preferences screen (PMDNCMNT), this currency will be populated as transfer currency. If multiple currencies are allowed, you can select from the list of allowed currencies.
    Transfer Currency Name System defaults the Currency Name on selecting currency.
    Transfer amount Specifies the amount received in the Inbound payment. This is a mandatory field.
    Exchange Rate

    If transfer currency & creditor account currency are different, then exchange rate can be provided by the user. The system retain the input value and validates the same against override and stop variances maintained in Network Preferences screen.

    If exchange rate is not a user input, the system picks up the exchange rate during ‘Enrich’ provided the transfer amount is less than the small FX limit maintained. If the exchange rate is not available, system displays an error message.

    If transfer amount is more than the small FX limit and if external exchange rate is applicable, then exchange rate pick up will happen during transaction processing.

    FX Reference Number Specify the FX Reference Number.
    Local Currency Equivalent This field displays Local Currency Equivalent of the Transfer Amount.
    Enrich button Enrich button is provided in transaction input screen to populate exchange rate, debit amount and charge/tax amounts.
    Remarks Specify the internal remarks, if any.
    On Us Transfer Select the values between Yes or No.

Parent topic: Inbound SEPA CT Transaction Input