1. SEPA Direct Debits User Guide
  2. Collections Exception Transactions
  3. Inbound Collections Reject/Return
  4. Sanctions Screening for Reject/Return of Incoming Collections

Sanctions Screening for Reject/Return of Incoming Collections

Sanction screening is done if :
  • It is applicable for the customer.
  • It is applicable for the Network and source for the transaction type ‘Incoming’.
  • Transaction is fetched from Future valued queue or is in settled status.
Sanction Response System Action
Approve Proceed with Collections reject/return. If already liquidated, reverse the accounting entries. Generate pac.002/pacs.004 as the case may be.
Reject Mark Reject/Return transaction as Sanction reject. No further processing, no message generation/accounting. Transaction status will be not be changed.
Seize Collections status is moved to ‘Seized’. Seizure accounting is posted, if applicable.
If accounting is pending:
  • Dr. Customer
  • Cr. Seizure GL
If the accounting is over:
  • Dr. Customer
  • Cr. Seizure GL

pacs.004/pacs.002 message is sent out.

Parent topic: Inbound Collections Reject/Return