Reversal Transaction

Once the inbound message is identified as a reversal request message (using sub type code) a reversal transaction gets created.

A new reversal reference number gets generated. Reversal Request date is populated with the current processing date. Host code and branch code are populated based on the Receiver ABA number.

Transaction Status is populated as 'Unprocessed'.

Match Criteria

The received reversal request is matched with an Inbound Fedwire transaction Match status is updated as 'Matched' if the original transaction is matched successfully. Otherwise, the match status is updated as 'Unmatched'.

A new record is logged into the Inbound Fedwire Reversal Request Match / Response Queue populating queue status as 'Pending'.