1. SEPA Instant Credit Transfer User Guide
  2. SEPA Instant Credit Transfer
  3. Recall of SEPA Instant Credit Transfer
  4. Negative Response for Recall Request

Negative Response for Recall Request

On receiving a negative response camt.029 for a recall request from beneficiary bank, the system matches the same with the original transaction.

Parent transaction is matched using the Original Transaction ID field with Transaction reference of Outbound payments in ‘Recall Requested’ status.

On getting the parent transaction, further matching is done based on the following fields:
  • Transaction Currency
  • Transaction Amount
  • Original Debtor IBAN
  • Original Creditor IBAN
  • Original Creditor BIC

The original transaction is marked back to ‘Completed’ status. Further operations are possible for this transaction.

Response details are available as part of original transaction exception details in the view screen.

There is no accounting impact.

Parent topic: Recall of SEPA Instant Credit Transfer