1. EU SEPA Credit Transfer User Guide
  2. Domestic Low Value Payments
  3. Processing R-transactions
  4. Response to Outbound SEPA CT Recall
  5. Negative Response for Recall Request

Negative Response for Recall Request

  • On receiving a negative response camt.029 for a recall request from beneficiary bank, the system matches the same with the original transaction.
  • Parent transaction is matched using the Original Transaction ID field with Transaction reference of Outbound payments in ‘Recall Requested’ status.
  • On getting the parent transaction, further matching is done based on the following fields:
    • Transaction currency
    • Transaction Amount
    • Original debtor IBAN
    • Original Creditor IBAN
    • Original Creditor BIC
  • The original transaction is marked back to ‘Completed’ status. Further operations are possible for this transaction.
  • Response details are available as part of original transaction exception details in the view screen.
  • There is no accounting impact.

Parent topic: Response to Outbound SEPA CT Recall