1. Payments Core User Guide
  2. Payments Core Processes
  3. EU Payer Regulatory Maintenance
  4. Detection of Missing or Incomplete Information

Detection of Missing or Incomplete Information

For the purposes of detecting Missing or Incomplete Information on a Payment, each of the below attributes of the Payer and Payee are scanned:
  • Name
  • Account No
  • Address Lines

As far as the evaluation of Missing Information Configuration on the Rule is concerned, the Information is considered missing, if either it is missing or found to be incomplete. If the required information is missing or incomplete, it is considered as a compliance failure and STP Action will be applied.

Any of the below result of scanning on any of the Payment Attribute can be considered as a case of Missing Information.
  • Missing Payment Attribute i.e., Blank or NULL or Space values on the Payment Attributes.
  • Repeat Chars or Digits on a Payment Attribute i.e., when a Character or Digit repeats itself for more than n of times, it is incomplete considered.
  • The value of n is configurable in the EU Payer Preferences Maintenance Screen.
  • Attribute value part of Meaning-less Words data Set-up.

Parent topic: EU Payer Regulatory Maintenance