1. Instruments & Clearing User Guide
  2. Instruments
  3. Instrument Transactions
  4. Reversal of Instrument Payment

Reversal of Instrument Payment

  1. On Homepage, specify PIDREVSL in the text box, and click next arrow.
    Reversal of Instrument Payment screen is displayed.

    Figure 2-70 Reversal of Instrument Payment

    Description of Figure 2-70 follows
    Description of "Figure 2-70 Reversal of Instrument Payment"
  2. Click New button on the Application toolbar.
  3. On Reversal of Instrument Payment screen, specify the fields.

    Table 2-35 Reversal of Instrument Payment - Field Description

    Field Description
    Host Code System defaults the Host Code of transaction branch on clicking ‘New’.
    Transaction Branch System defaults the Revalidation Branch of transaction branch on clicking ‘New’.
    Source Specify the Source from the list of values. All valid source codes for the Host are listed.
    Instrument Code Specify the Instrument Code from the list of values. All valid instrument codes are listed.
    Instrument Number Specify the Instrument Number from the list of values. All instrument numbers for which the payment is in 'Processed' status through Instrument payment are listed in the Reversal screen.
    Reversal Reference System generates the Revalidation Reference on clicking ‘New’ button.
    Reversal Date Revalidation date is defaulted as Current Date.
    Source Reference This is an optional field for UI input. For Channel requests this is mandatory.
    Code Description System defaults the Description of the Instrument Code selected.
    Instrument Type System defaults the Instrument Type of the Instrument Code selected.
    Payment Reference System defaults the Payment Reference of the Instrument Code selected.
    Payment Date System defaults the Payment Date of the Instrument Code selected.
    Remarks Specify the Remarks, if any.
    Instrument Details
    The following fields are auto populated on the Instrument Number selected:
    • Issue Branch
    • Issue Date
    • Instrument Currency
    • Instrument Amount
    • Original Expiry Date
    Debtor Details --
    Account No\ GL Code Account No\ GL Code field is auto populated on the Instrument Number selected.
    Account No\ GL Code Description Account No\ GL Code Description field is auto populated on the Instrument Number selected.
    Beneficiary Details --
    Beneficiary Name Beneficiary Name field is auto populated on the Instrument Number selected.

Parent topic: Instrument Transactions