An outgoing Collections transaction can be rejected by the debtor bank, before settlement. The debtor bank sends pacs.002 message for the same. On uploading this message following activities are triggered by the system:

• File level accounting is posted for pacs.002 entries as debit Clearing Suspense GL and credit Nostro with RCLG event.
• The corresponding outgoing collection transaction is marked as rejected, Transaction status & Collection status are marked as Rejected.
• The accounting entries posted on the transaction are reversed, as debit customer account and credit Clearing Suspense GL.

An outgoing Collections transaction can be returned by the debtor bank, after settlement. The debtor bank sends pacs.004 message for the same. On uploading this message following activities are triggered by the system:

• File level accounting is posted for pacs.004 entries as debit Clearing Suspense GL and credit Nostro with RCLG event.
• The corresponding outgoing collection transaction is marked as returned.
• The accounting entries posted on the transaction are reversed as debit customer account and credit Clearing Suspense GL.