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

Positive Response for Recall Request

If pacs.004 is received with reject reason ‘FOCR’ – Following Cancellation Request, as response of a recall request, then it is matched with original Outbound transactions with ‘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

Original transaction is marked as Returned. Return of the Outbound payment transaction is processed.

ECA and accounting related to Inbound return is done.

No further action is allowed for a Recall Accepted transaction. Acceptance details are available for viewing.
  • Return accounting will be original settlement amount and charges will be debited separately. Customer debit account will be the charge recovery account and charge amount will be the amount mentioned in Inbound message. Reversal details will be sent to DDA system for external account check along with charge details. Accounting entries will be handed off to accounting system.
  • Accounting code and derived based on the price code linked for third party charges in payment currency preferences for transaction type ‘Outbound’.

Parent topic: Recall of SEPA Instant Credit Transfer