• Debit Accounting
• Sanctions screening based on Retry days
• FX Rate Fetch
• EAC check
• Credit Accounting Handoff
• Notification /IR XML generation

Debit accounting for the Reject transaction is posted upfront before the transaction validations
are done. Accounting entries in the Credit Liquidation in Originated ACH Credit Transfer is
fetched for posting the accounting by interchanging the credit and debit legs. The accounting
is posted for Original transaction settlement amount with value as Original transaction value
date.

If sanction check is applicable for the Network and Source (based on the preference
maintained in the existing maintenance Source Network Preferences PMDSORNW) and for
the customer, Sanctions screening is done for the Reject transaction.

The original details of the transaction and the enriched details are sent in sanctions request.
The original details of the transaction as sent in the pacs.008 file are populated (Sanction
XML changes are not in scope for 14.3.1). Return Account is part of the reject transaction
details populated.

Depending on the sanctions response status the following actions are taken:

• Accepted/ Rejected: If the response is received as Accepted/Reject on the same day, the Reject transaction sanctions status are updated accordingly and the processing continues with the next step i.e. accounting.
• If the response is received on a later date, the reject transaction processing date is updated as current branch date if it is a branch and network working day. If current branch date is a branch or network holiday, the processing date is moved to next possible working day for Branch and Network.

  Note:

  Reject Days are not to be re-validated even if processing date is moved ahead as the delay is due to Sanctions screening.

• Seized: System checks whether seizure accounting is applicable for the transaction. If applicable, the following accounting entries are passed

  Event	Dr/Cr	Account	Account Type	Amount Tag
  YXCZ	Dr	Clearing Suspense	GL	REJECT_AMT(Original transaction settlement amount)
  YXCZ	Cr	Seizure GL	GL	REJECT_AMT(Original transaction settlement amount)

R-Transaction Preferences tab of Originated ACH Credit Transfer Preferences (Function ID:
PYDONPRF) is having the preference for FX Rate Re-pickup: This field value can be
maintained as 'Yes' if FX rate has to be re-picked for R-transactions which are having
accounting / FX impact.

System checks whether FX Rate Re-pickup is required for the R-processing. If required, the
Internal/ External Rate processing is done based on the FX preferences available in
Originated ACH Credit Transfer Preferences (Function ID: PYDONPRF).

Value date received from External FX system is updated as Reject transaction Value Date. Customer credit amount is re-calculated based on the Exchange Rate received.

Customer Account validity and status check is done by the DDA system as part of EAC call.

If the status is rejected or interim, the transaction is moved to EAC queue.

Return Account of the customer is fetched from the Non-Urgent Payment Processing
preferences PMDONPRF for the Network, Company ID & Customer/Account. If company ID
is not present, Customer ID is used.

If Return Account is not maintained, then debit account of the original transaction is used for
reversing the entries

Reject accounting is posted by handing off the below accounting entries to the Accounting
System:

The credit accounting is posted with the Value Date re-derived after the external FX fetch and
the Credit amount computed.

Notification/Information Reporting XML is generated for the Reject processed.