1. SEPA Direct Debits User Guide
  2. Collections Transactions
  3. Branch Holiday Parameter

Branch Holiday Parameter

In addition to Currency and Network Holidays, Branch holidays is considered in determining the Value date and Activation date for SWIFT, ACH, and RTGS payments.

Processing Branch holidays is considered in the Dates resolution only if a particular parameter in Network Preferences for the ‘Outgoing’ or ‘Incoming’ transaction type is checked.

This new parameter is called ‘Consider Branch Holidays in Dates resolution’.
  • This parameter is added to this maintenance under a new sub-section called “Value Dating Preferences”.

Parent topic: Collections Transactions