Fedwire Reversal Queue - Accept User action processing

Reversal response processing gets triggered upon 'Accept' user action.

  • A new reference - Reversal Response reference gets generated.

ECA Processing

The transaction is sent for ECA with credit account as the account and with the original transaction amount as amount for blocking. The reference number sent in the ECA is the original transaction reference. The transaction is marked as 'Exception', Queue status is marked as 'ECA' till the response is received.

Once the response is received from ECA system, the reversal processing proceeds further.

If the response is successful, then:
  • Accounting Handoff is prepared
  • Original incoming transaction credit account is the debit account of reversal transaction

DRLQ

Account Template for Debit Liquidation code is picked from Fedwire Network Currency preference Detailed (PWDNCPRF) for transaction type 'Outbound'.

CRLQ

Account Template for Credit Liquidation code is picked from Fedwire Network Currency preference Detailed (PWDNCPRF) for transaction type 'Outbound'.

Message Generation

Reversal response message is generated .