1. Hong Kong Faster Payment System User Guide
  2. HKFPS Processing
  3. Outbound Credit Transfer Processing
  4. On-Us Transfer Check

On-Us Transfer Check

Before dispatch of the outbound pacs.008 message, system checks if the outbound payment is On-Us Transfer or not.

If the outbound payment is derived as 'On-Us Transfer' (Yes), then system further checks
  • If 'Dispatch On-Us Transfer' flag is 'checked' or 'un-checked' at 'HKFPS Outbound Credit Transfer Payment Preferences screen (PKDOCTPF)
    • If 'Y' (Checked), then system hand-off the outbound pacs.008 message to FPS.
    • If 'N' (Un-checked), then outbound pacs.008 message is not handed off to FPS. Instead system automatically books an inbound credit transfer payment for the same.
On Us Transfer: Payer & Payee Account numbers are within the different branches of the same bank or within the same branch. A record for payee bank clearing code is present in 'Branch Identifier for HKFPS Network (PKDHKFBR)'
  • If the outbound payment is not a 'On-Us Transfer'
    • Outbound pacs.008 message is handed off to FPS

Parent topic: Outbound Credit Transfer Processing