The US CHIPS Network Preferences screen allows users to capture CHIPS network preferences.

1. On Homepage, specify PSDCHPNP in the text box, and click next arrow.
   US CHIPS Network Preferences Detailed screen is displayed.

   Figure 2-1 US CHIPS Network Preferences Detailed

   
   Description of "Figure 2-1 US CHIPS Network Preferences Detailed"
2. On the detailed screen of the US CHIPS Network Preferences, specify the fields.
   For more information about the fields, refer to field description below:

   Table 2-1 US CHIPS Network Preferences Detailed - Field Description

   Field	Description
   Network Code	Specify the Network Code from the list of values. The list of values lists US CHIPS network defined in the host.
   Network Description	System defaults the Description based on the selected Network Code.
   Network Type Description	System defaults the Network Type Description on the Network code selected.
   Host Code	System defaults the host code of transaction branch on clicking ‘New’.
   Host Description	System defaults the Host Code Description on the Host code selected.
   Transaction Type	Select the Transaction Type from the following: Incoming Outgoing
   Exchange Rate Preference	--
   FX Rate Type	Specify the FX Rate Type from the list of values that lists Currency Rate Type.
   External Exchange Rate Applicable	You can check this box to indicate whether external exchange rate applicable or not.
   Cutoff	--
   Cutoff Hours	Specify the network Cutoff Hours.
   Cutoff Minutes	Specify the network Cutoff Minutes.
   Beneficiary Name Match Required	You can check this box to capture whether Beneficiary name validation required or not.
   Value Dating Preferences	--
   Debit value date basis for outbound payments	Select the applicable values from either Activation Date or Instruction Date.

   Note:

   • When the Transaction Type is Outgoing, the value Dating preference applies.

   • When the Transaction Type is 'Incoming', Beneficiary Name Match is required.

   • The Cutoff Hours/Cutoff Mins fields do not allow a value of '0'.

• US CHIPS Network Preferences Summary