1. Payments Core User Guide
  2. Payment Maintenance
  3. Customer Preferences Maintenances
  4. Settlement Instructions

Settlement Instructions

The Settlement Instructions screen allows users to maintain standard settlement instruction (SSI) for the customer and a beneficiary.
The following are party details can be maintained for a customer &SSI Label for SWIFT/ RTGS payments:
  • Beneficiary Institution/Ultimate Beneficiary
  • Account with Institution
  • Intermediary
  • Sender to Receiver Information
  • Remittance Details
  • Receiver Correspondent
  • Payment preferences for gpi payment & charge bearer
  • Nostro Correspondent Credit /Debit account

Customer ID and SSI Label are unique combination to identify the settlement party details.

Facility for populating the beneficiary/routing details for a payment transaction based on the customer and SSI Label received in payment request is available.

User can mark one of the Settlement Instructions as the default instruction, and to fetch the beneficiary/routing details based on the default instruction if the SSI Label is not provided in the payment request.

Provision is given for viewing and authorizing the default SSI Label populated by the system when the payment requests are received from channels.

This screen also allows user to maintain the beneficiary details linked to a customer.

  1. On Homepage, specify PMDSSIMT in the text box, and click next arrow.
    Settlement Instruction Detailed screen is displayed.

    Figure 2-55 Settlement Instruction Detailed

    Description of Figure 2-55 follows
    Description of "Figure 2-55 Settlement Instruction Detailed"
  2. Click New button on the Application toolbar.
  3. On Settlement Instruction Detailed screen, specify the fields.

    Table 2-31 Settlement Instruction Detailed - Field Description

    Field Description
    Host Code System defaults the host code of transaction branch on clicking ‘New’.
    Host Code Description System defaults the description of the Host code displayed.
    Customer Number Specify the customer number for whom beneficiary details are maintained. Alternatively, user can select from the option list. The list displays all valid customer numbers maintained in the system.
    Customer Name System displays the customer name for the customer number selected.
    SSI Label Specify the SSI label. Same SSI Label cannot be repeated for a customer, even though Network maintained is different. Every SSI Label is linked to a Network.
    Email Id Specify the email address of the customer.
    National Identifier Specify the National Identifier of the customer.
    Mobile Number Specify the mobile number of the customer.

    Note:

    Email ID, Mobile Number and Nation Identifier fields are optional fields.
    Network Details --
    Network Code Specify the network code from the list of values. This is a mandatory field.
    Network Description System displays the description of the network based on the Network code selected.
    Currency Specify the currency from the list of values. This is a mandatory field.
    Network Type Description System displays the Network Type Description based on the Network elected.
    Bank Identifier System displays the Bank Identifier based on the Network selected.
    Default Settlement Check this box to mark one of the SSI labels as 'Default Settlement' for a customer and network and currency combination.
    Creditor Details --
    Name Specify the Creditor Name.
    Account Number Specify the Creditor Account Number.
    Account IBAN Specify the Account IBAN.
    Account Type (Proprietary) Specify the Account Type.
    Creditor Agent Details --
    BIC Specify the BIC from the list of values.
    Member ID Specify the Bank Code from the list of values.
    Bank Name System displays the Bank Name based on the Member ID selected.

Parent topic: Customer Preferences Maintenances