1. India IMPS Payments User Guide
  2. IMPS Outbound Payments
  3. IMPS Outbound Payments Processing
  4. Outbound IMPS Payment Processing
  5. Prefunded Payments Processing

Prefunded Payments Processing

  • Customer number/debtor account number is not mandatory.
  • If Debtor Account currency is not provided in the outbound request, then it gets defaulted to Transfer Currency (INR) in transaction.
  • If the ‘Prefunded Payments GL’ check box is selected, the system skips the below processing:
    • ECA check
    • Pricing
    • FX Limit Check
  • The ‘Prefunded Payments GL’ is always used as Debit account while posting the debit liquidation entries. The ‘Prefunded Payments GL’ value maintained in the Source Maintenance (PMDSORCE).

Parent topic: Outbound IMPS Payment Processing