1. Product Release Note
  2. Enhancements
  3. Payments Core Changes
  4. Features
  5. Transaction Reversal Account Statement

Transaction Reversal Account Statement

Support for:
  • It is possible that transactions are reversed/cancelled due to operational errors. Such transaction accounting entries/reversal accounting are not to be shown in customer account statements. Transactions which are reversed /cancelled on the Activation Date itself will not be shown in the Account Statement if system parameter ‘REMOVE_FROM_ACC_STMT’ is set as Y if OBPM is co-deployed with FCUBS.
  • Changes are applicable to transaction input from UI or received through channels except bulk files/MT101.The transaction reversal/cancellation should have been initiated same day as Activation Date.
    • Book Transfer Reversal/Cancellation
    • Outbound / Inbound Cross border transaction Reversal/Cancellation
    • Outbound SEPA CT transaction is cancellation after accounting before dispatch

Parent topic: Features