ECA Check
Payments is sending debit accounting entries pertaining to payment amount and charge/tax amounts to external system for credit checks. ECA checks are done on activation date (current dated).
External Credit Approval is done for all the external accounts for which debit entries are getting posted. Debit account entry details are sent in JMS queues to external ECA system.
Transaction ECA status is updated based on the response received from the external system.
- Existence of the account
- Currency of the account specified is correct
- Account belongs to the customer specified
- Account exists on the specified branch
- Account is authorized, active & open
- Account status is Normal i.e., not Dormant
- Debit is not restricted on the account
- Clear available balance in the account is greater than the transaction amount specified
- Amount block is successfully executed for the specified transaction amount. Expiry date of the transaction is transaction value date
If the ECA response status for a payment transaction is 'Approved', then further processing continues.
If ECA validation fails i.e. the status is 'Interim' or 'Rejected', transaction is rejected with proper error codes.
Parent topic: Outbound Credit Transfer Processing