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).
LEI Validation Failure
In case of LEI validation failure:
- For manually booked transactions, the error message is shown on enrich user action.
- For uploaded transactions, the transaction is rejected outright.
Sender To Receiver Information
| Debtor LEI | The LEI validation is done, if transaction amount is more than the LEI Threshold Amount maintained in India Payments Common Preferences (PMDNFTPF). |
| Beneficiary LEI | The Beneficiary LEI field is optional. If the user inputs a value, then the system checks the length of the value. If the length is not 20 characters, the system displays the error. |
| Sender To Receiver Information 3-6 | At the NEFT payment type product processor level, system performs the below field length validation for the fields Sender To Receiver Information 3-6. If the below condition is matched, then that particular transaction is moved to Repair queue for user action.
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Parent topic: NEFT Outbound Payments Processing