The message is to be placed in a specified folder and the file path and Network details are to be sent in file envelope service. The file type to be used is 'ACHCTReversal'.

On upload of the message pacs.007.001.09, system performs the below validations:

• File format validations - This is done based on the XSD maintained in the 'Schema Definition File Path' for the file type 'ACHCTReversal' in File Parameters Detailed screen PMDFLPRM.
• Validation of Number of transactions and control sum in the file, if available

The below details are derived from the file envelope details available for the message:

• Host Code
• Transaction Branch
• Network Code
• Source Code

The settlement date received is the Instruction Date for the Reversal transaction. If this date falls on a Network Holiday, the Instruction Date is moved forward to next Network working Day. If Instruction Date is a back date, it is moved to current date provided current date is a Network working day. If it is Network holiday, instruction date is moved to next network working day.

Activation Date is same as the Instruction Date provided it is not a branch holiday. If it is a branch holiday, it is moved to next branch working date.

If the parsing & upload of the inbound pacs.007 is completed, Receipt accounting is posted if Receipt Accounting Code is maintained for ACH Credit Receipts Preferences PYDINPRF - Reversal Preferences tab.