Transaction Level Processing
This section contains the following sub-sections:
Outbound payments follows the below listed processing steps:
- Bank/Account Re-direction
- Reject Validations
- Applying Generic rules for Replacement
- Process Exception Validations
- Repair Validations
- Overridable Validations
- Applying Generic rules for Report
- Authorization Limits check
- Sanctions Check
- Pricing
If any of the validations fail, the file is rejected and pain.002 message is sent to the customer.
- Bank /Account Re-direction
The System performs the Bank/Account re-direction for the Debtor Account and Creditor Bank code, if records are maintained in PMDBKRED/PMDACRED. - Reject Validations
- Applying Generic Replacement Values
For the message elements listed in Generic Validation Framework with Resultant Action as 'Replace', the replacement values is applied. - Process Exception Validations
- Repairable Validations
- Overridable Validations
- Applying Generic rules for Report
- Authorization Limits Check
- Sanction Check
- Charge /Tax Computation
Charge computation is applicable if the bulk file pricing preference is 'Transaction level' for the customer in Customer Preferences Function ID PMDFLPRF.
Parent topic: Originated Credit Transfer Processing