1. Payments Core User Guide
  2. Payment Maintenance
  3. BIC Cutoff
  4. Inbound BIC Cutoff

Inbound BIC Cutoff

For Incoming SWIFT transaction, Network level Cutoff will not be checked. System checks the BIC level cutoff maintained in Inbound BIC Cutoff Detailed (PXDINCOF) screen.

  1. On Homepage, specify PXDINCOF in the text box, and click next arrow.
    Inbound BIC Cutoff screen is displayed.

    Figure 2-303 Inbound BIC Cutoff

    Description of Figure 2-303 follows
    Description of "Figure 2-303 Inbound BIC Cutoff"
  2. Click New button on the Application toolbar.
  3. On Inbound BIC Cutoff screen, specify the fields.
    For more information about the fields, refer to field description below:

    Table 2-158 Inbound BIC Cutoff - Field Description

    Field Description
    Host Code System defaults the Host Code of transaction branch on clicking ‘New’.
    Host Code Description System displays the description of the Host Code.
    BIC Code Specify the BIC Code. Alternatively, you can select the BIC Code from the option list. The list displays all valid BIC Codes maintained in the system.
    Currency Code Specify the Currency Code. Alternatively, you can select the currency code from the option list. The list displays all valid currency codes maintained in the system for the selected country.
    Limit Amount Specify the Limit Amount for the transaction amount.
    Settlement Days Specify the settlement days.

    Note:

    Cutoff days for currencies in addition to the cut off time while processing inbound payments is considered.
    Cutoff Time (Hr) Specify the hours for the transaction cut-off time.
    Cutoff Time (Min) Specify the minutes for the transaction cut-off time.

Parent topic: BIC Cutoff