1. SEPA Direct Debits User Guide
  2. Collections Transactions
  3. Bulk File Upload for Outbound Collection
  4. Transaction Level Processing

Transaction Level Processing

Outbound Debits follows the below listed processing steps:
  • Bank/Account Re-direction
  • Mandatory field validations/IBAN check /Special character replacement
  • Business Override Validations - Mandate related validations, transaction duplicate check. Creditor Scheme ID Limit Validations is done at this stage.
  • Sanctions screening
  • Pricing if Activation Date is current Date

Parent topic: Bulk File Upload for Outbound Collection