1. ACH Credit Transfer User Guide
  2. ACH Credit Receipts - Reversal Processing
  3. Upload of Pacs.007 Message
  4. ACH Reversal Response Queue
  5. Processing Accept of Reversals

Processing Accept of Reversals

  1. Click on Accept tab on the Reversal Response queue screen.
    The below screen is opened on Accept action.

    Figure 10-2 ACH Reversal Acceptance Details

    Description of Figure 10-2 follows
    Description of "Figure 10-2 ACH Reversal Acceptance Details"

    Entering Remarks in this screen is mandatory for acceptance.

  2. On authorization of Accept action, following is the processing:
    • Sanction screening
    • FX Rate Fetch
    • ECA check
    Reversal accounting is passed with reference as reversal transaction reference:
    Event Dr/Cr Account Account Type Amount Tag
    YWDR Dr Customer Account Account Reversal Amount
    YWDR Cr Intermediary GL GL Reversal Amount
    YWCR Dr Intermediary GL GL Reversal Amount
    YWCR Cr Network Clearing GL GL Reversal Amount

    Accounting occurs with Reversal Reference Number.

    IR/Notification generation is done on reversal acceptance processing completion.

    Processing Return of Reversals

    On authorization of Return action the following processing is done:

    • Sanction screening: Sanctions screening based on retry days is done for the reversal transaction.
    • Pacs.004 message is generated. Dispatch accounting is posted if it is configured in PYDINPRF Reversal preferences 'Return Dispatch accounting Code.
    • The original transaction details in pacs.004 are populated from Reversal of ACH CT Receipts original transaction tables (the original data before any enrichment).

Parent topic: ACH Reversal Response Queue