Direct deposit bank events are extracted/downloaded using a specific background process that picks up bank events that are ready for extraction and formats the direct deposit information into an output file.
This background process invokes the Bank Event Extract plug-in on the bank event type, to map and format each bank event’s information into the output direct deposit record.
The base product provides a sample background process that downloads SEPA (Single Euro Payments Area) Credit Transfer transactions. A corresponding Bank Event Extract algorithm is also supplied. The following sections describe this process.
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