NEFT outbound transactions generates a ‘Outgoing pacs.008.001.09’ outbound payment message.

As per the no. of transactions per dispatch maintained in Payments Common Preferences screen (PMDNFTPF), system bundles the no. of transactions and dispatches Outgoing pacs.008.001.09 message, once the defined number of transactions are met.

On the time interval specified in the Dispatch maintenance, even if the number of transactions are not met, residual messages are dispatched as bundle.

The Outgoing pacs.008.001.09 messages in the bundle are dispatched /handed off to SFMS network for further processing.

Upon successful processing of Outgoing pacs.008.001.09, dispatch accounting is generated and is handed off.