Saving of Outbound Transaction
System performs the following mandatory field checks and the referential checks during the save of NEFT Outbound payment transaction. If any of the below validation fails, then the transaction is rejected with an error code.
Following fields are mandatory for requesting NEFT Outbound payments:
- Transaction Branch
- Source Code
- Network code
- Source Reference (for requests received through other channels, Source reference is updated automatically)
- Debtor Account Number
- IFSC Code
- Beneficiary Account Number (creditor account)
- Beneficiary Account Type
- Transfer Currency
- Transfer Amount
- Debit/Credit Value Date
Following are the validations on clicking the ‘Save’ button:
- On the requests initiated from channels, Source reference number is expected as mandatory.
- System validates whether account record is open and authorized.
- Holiday check for instruction date is done, based on the local branch holidays maintained
- Upon saving the transaction, system throws error messages for validation failures, if any. For the error messages displayed, respective action can be taken and can be re-submitted.
Parent topic: NEFT Outbound Transaction Input