Inbound payments follows the below listed processing steps:

• Bank Re-direction
  
• Account Re-direction
  
• D to A Conversion
  
• Account Derivation
  
• IBAN Validation
  
• PSD Validation
  
• Network Cutoff Validation
  
• Beneficiary Name Validations
  
• Customer Payment Restriction Validation
  
• EU Payer Validation
  
• Sanctions Check
  
• Duplicate Check
  
• Authorization Limit Validations
  
• External Account Check Processing
  
• Exchange Rate / FX Processing
  
• Pricing
  
• Charges Calculation - Charge Bearer 'DEBT'
  
• Accounting
  
• MIS & UDF
  
• FI to FI Payment Status Report (pacs.002) generation
  
• Transaction Cancellation Processing
  
• Future Date Transaction Processing
  
• Rule-Based Price
  
• Loan Account Processing