Instrument FCY DD Liquidation Processing
System will match the nostro debit entries which are not yet matched with pending FCY DD issue transactions with the below matching criteria:
| MT 950/940/942 Details | Instrument Details |
|---|---|
| Credit /Debit Type - Debit | Instrument Issue for Foreign Currency DD |
| Account Servicing Institution Reference | Instrument Number |
| Nostro Account | Credit Account |
| Currency & Amount | Instrument Currency & Amount |
For transaction where a nostro account statement match is found, Credit accounting entries are generated released for posting and CRLQ status is marked as Liquidated. On completion of CRLQ for an Instrument Type FCY DD, system will mark the issue record instrument status as 'Liquidated'. Value date is taken as the value date received in Nostro statement.
The statement entry which is matched based on which liquidation is done is marked as Matched. Only unmatched entries are picked up for matching with original foreign DD issue details.
Parent topic: Instrument FCY DD Liquidation