Inbound gCCT & gCOV Processing

Following changes are done to the Inbound Fedwire payment transaction creation processing from an Inbound Fedwire message to populate gpi related fields.

Incoming gpi:

This field updates to ‘Y’ once the below conditions met.

In Customer Transfer (or) Cover Transfer message , Tag {3600} value is ‘CTP’ / Tag {3610} is not present (or ) Tag {3610} is present and value is ‘COVS’ in Tag {3620} Payment notification , the Element 01 Notification Indicator contains either a value either ‘3’ or ‘4’.

UETR Population:

The Tag {3620} ‘Payment notification - Element 03’ receives the UETR value and populates the same in the Inbound Fedwire transaction UETR field.

The above populated value gets converted to lower case.

gpi Enabled flag:

The ‘gpi Enabled’ field sets to ‘Y’ once the below conditions are satisfied for the Inbound Customer Transfer (‘CTP’) or Cover Transfer (‘CTP COVS’) Fedwire payment.

Host level ‘gpi Processing Enabled’ flag value is ‘Y’ (PXDGPIPF).

SWIFT gpi Directory (PMDGPIDR) has the maintenance of Processing Branch BIC (Default BIC: 11 Character which is linked in Branch Core Parameters screen (STDCRBRN)) and Transfer Currency values.

The Tag {3620} ‘Payment notification – Element 01’ related ‘Notification Indicator’ field contains either a value ‘3’ or ‘4’.

The ‘gpi Enabled’ field sets to ‘Confirm’ once the below conditions are satisfied for the Inbound Customer Transfer (‘CTP’) or Cover Transfer (‘CTP COVS’) Fedwire payment.

Host level ‘gpi Processing Enabled’ flag value is ‘Y’ (PXDGPIPF).

SWIFT gpi Directory (PMDGPIDR) has the Processing Branch BIC (Default BIC : 11 Character – linked in Branch Core Parameters screen (STDCRBRN) value should be gpi Customer which is not the gpi Agent for the Transfer Currency.

The Tag {3620} ‘Payment notification – Element 01’ related ‘Notification Indicator’ field should have either a value ‘3’ or ‘4’.