India RTGS Outbound Payment Validations
The following processing changes are covered as part of the initial validations,
while saving the transaction:
- Beneficiary ID Validations
- Mandatory Fields / Referential data checks
- Debtor Account Branch IFSC Check
- Validation of Debtor Account Type
For a current dated transaction, the following processing changes are covered
during transaction authorization:
- Business Override checks and Exception Queue
- Network Validations and Special Character Replacement
- Authorization Limits Check
- Processing Cutoff Check
- Network cutoff over check/ Release Limit Check
- Accounting
- Messaging
- Future Value Transaction Processing
- Branch Holiday Parameter
- Beneficiary ID
- Mandatory Fields / Referential Data Checks
- Debtor Account Branch IFSC Check
- LEI Validation
- Business Override Checks and Exception Queue
- Network Validations and Special Character Replacement
- Authorization Limit Check
- Processing Cut-off Check
- Intra Bank Transfer Check
- FX Limit Check
- Date Derivation
- Network Cut-off over Check/Release Limit Check
- Accounting
- Dispatch Accounting
- Messaging
- Notifications
- Credit Confirmation Matching Processing
- Future Valued Transaction Processing
- Branch Holiday Parameter
Parent topic: RTGS Outbound Payments Processing