Sanctions Screening for Reversal of Outbound Debits

Sanction screening is done if :

It is applicable for the customer.
It is applicable for the Network and source for the transaction type ‘Outgoing’.

Sanction Response	System Action
Approve	Proceed with Collections reversal. Reverse the accounting entries.
Reject	The transaction remains in SC queue. Auto cancel/manual cancel is applicable. On cancellation reversal transaction gets canceled and original transaction status will not be changed.
Seize	Collections status is moved to ‘Seized’. Seizure accounting is posted, if applicable. Since the accounting for original transaction would have already processed, seizure accounting will post the following entries: Dr. Customer Account Cr. Seizure GL No message is sent out.

Sanction Response

System Action

Approve

Proceed with Collections reversal. Reverse the accounting entries.

Reject

The transaction remains in SC queue. Auto cancel/manual cancel is applicable. On cancellation reversal transaction gets canceled and original transaction status will not be changed.

Seize

Collections status is moved to ‘Seized’. Seizure accounting is posted, if applicable. Since the accounting for original transaction would have already processed, seizure accounting will post the following entries:

Dr. Customer Account
Cr. Seizure GL

No message is sent out.

Parent topic: Outbound Collections Reverse/Recall