1. ACH Credit Transfer User Guide
  2. ACH Credit Receipts - Reversal Processing
  3. Upload of Pacs.007 Message
  4. ACH Credit Receipts - Reversal Input

ACH Credit Receipts - Reversal Input

  1. On Homepage, specify PYDRVITN in the text box, and click next arrow.
    ACH Credit Receipts - Reversal screen is displayed.

    Figure 10-3 ACH Credit Receipts - Reversal

    Description of Figure 10-3 follows
    Description of "Figure 10-3 ACH Credit Receipts - Reversal"
  2. Click New button on the Application toolbar.
  3. On ACH Credit Receipts - Reversal screen, specify the fields.

    For more information on fields, refer to the field description below:

    Table 10-1 ACH Credit Receipts - Reversal - Field Description

    Field Description
    Host Code System defaults the Host Code of transaction branch on clicking ‘New’.
    Source Code Specify the Source Code from the List of values. It lists all valid Source Codes.
    Reversal Reference Return Reference Number is system generated.
    Original Transaction Identification Specify the Original Transaction Identification form the list of values.

    All transactions of payment type 'ACH CT' are listed which are in 'Processed', 'In Progress', 'Exception' and 'Future Valued' status, if the Reversal screen is initiated as a standalone screen. If the Reversal screen is launched from the summary screen PYSIVIEW, the selected transaction identification is defaulted.
    Transaction Branch Transaction Branch is system generated.
    Network Code System defaults the Network Code based on the Original Transaction Identification selected.
    Reversal Details --
    Settlement Currency & Settlement Amount These fields are defaulted as original transaction transfer currency and amount. However the amount can be modified by the user to a lesser amount, if required.
    Settlement Date Current Date is populated. You can modify the date.
    Reversal Account This field is Credit account of the original transaction. Account currency, Account branch are populated based on the Debit account.
    Account Currency Specify the Return Account Currency.
    Account Branch Specify the Return Account Currency.
    Credit Amount All the return codes maintained for the Network in the static table are listed.
    Exchange Rate System defaults the Return Code Description based on the Primary Return Code selected.
    FX Reference Number System defaults the Return Code Description based on the Primary Return Code selected.
    Reason Code Specify the Secondary Return Code from the list of values. All valid reason codes maintained for ACH CT in ACH Reason code maintenance (Function ID: PMDRSNCD) for the Network and Payment type 'Reversal' are listed.
    Reason Code Description System defaults the Reason Code Description based on the Reason Code selected.
    Additional Information Specify any additional Information.
    Booking Date This field is populated as current date.
    Value Date If Original Transaction Settlement Date is not yet reached, the Reversal value date is Original Transaction Settlement Date. If the Original Transaction Settlement date is already over, the Reversal Value Date is populated as current date if it is Network working day. If the current date is not Network working day, the Value date is moved to next network working day.
    Activation Date This field is populated as current date.

    Note:

    This date is rolled over only if the processing is delayed in any Exception Queue and the Return transaction is released from the queue on a later date. No holiday check is done on Return Activation Date.
    Enrich Enrich button performs date derivation. On saving a Reversal request system validates that no previous reversal request exists for the transaction in authorized or unauthorized status.
    Origination Transaction Details: The following fields are populated from ACH Credit Receipts transaction:
    • Instruction Identification
    • End To End Identification
    • Other Details
    • Interbank Settlement Date
    • nter Bank Settlement Currency
    • Inter Bank Settlement Amount
    • Message Identification
    • Original Transaction Source Code
    • Original Source Reference

Parent topic: Upload of Pacs.007 Message