Table of Contents
- Title and Copyright Information
- 1 Preface
- 2 Domestic Low Value Payments - NEFT
-
3
NEFT Outbound Payments
- NEFT Outbound Transaction Input
-
NEFT Outbound Payments
Processing
-
NEFT Outbound Payment
Validations
- Beneficiary ID Validation
- Mandatory Fields/ Referential Data Checks
- Account Type Validation
- LEI Validation
- NRE Account Validation
- Processing Cutoff Check
- Intra Bank Transfer Check
- Network Validations and Special Character Replacement
- Computation of Charge and Tax
- Exception Queue
- Authorization Limit Check
- Transaction Cutoff Time Validations
- Sanction Check
- FX Limit Check
- External Credit Approval Check
- Network Cutoff Time Check
- Transaction Accounting
- Dispatch Accounting
- Future Valued Transaction Processing
- Branch Holiday Parameter
- N06 Message Generation and Dispatch
- Notification
- Indo Nepal Remittance Processing
- Prefunded Payments Processing
-
NEFT Outbound Payment
Validations
- NEFT Message Browser
- NEFT Acknowledgment Processing
-
4
NEFT Inbound Payments
- NEFT Inbound Transaction Input
-
NEFT Inbound Payments
Processing
-
NEFT Inbound Payment
Validations
- Initial Validations
- Business Override Checks
- Process Exception Checks
- Network Validations
- LEI Validation
- Non - NRE A/c to NRE A/c Payment Check
- Credit Card Payment Processing
- Authorization Limit Check
- Future Valued Check
- FX Limit Check
- N04 and N02 Messages Matching & Release Final Credit
- Accounting Handoff
- Notifications
-
NEFT Inbound Payment
Validations
- NEFT Message Browser
- NEFT Acknowledgment Processing
- NEFT N04 Manual Initiation
- 5 NEFT Return Payments
- 6 NEFT Reject Payments