Unsettled Returns
The following accounting is passed on the original Inbound FI to FI Customer Credit Transfer (pacs.008) and FI to FI Credit Transfer (pacs.009) transactions and payment return (pacs.004) transaction.
| Event | Dr/Cr | Account | Account Type | Account Tag |
|---|---|---|---|---|
| SODR | Dr | Nostro Account | Account | Return Settlement Amount in account currency |
| SODR | Cr | Intermediary GL | GL | Return Settlement Amount |
| SOCR | Dr | Intermediary GL | GL | Return Settlement Amount |
| SOCR | Cr | Return GL | Account | Return Settlement Amount |
| Event | Dr/Cr | Account | Account Type | Account Tag |
|---|---|---|---|---|
| SRDR | Dr | Return GL | GL | Return Settlement Amount |
| SRDR | Cr | Interim GL | GL | Return Settlement Amount |
| SRCR | Dr | Interim GL | GL | Return Settlement Amount |
| SRCR | Cr | Nostro Account | Account | Return Settlement Amount |
Note:
No pricing is considered for Return transaction processing.In the Accounting handoff MIS details are populated same as the original transaction MIS details.
Parent topic: Return Accounting