4 Nostro Account Transactions

Nostro account transactions include generating statements automatically or manually and matching internal statement entries with external transaction statement entries.

An external account statement can be entered either manually or can be uploaded automatically. The details of an external account transactions can come in through the media types set up for a bank. External statements that have come in through SWIFT can be automatically uploaded.

Nostro reconciliation involves matching external transaction statement entries with the corresponding internal entries. In the manual process, select the external entries and indicate the matching internal entries. The sum of the amounts of the internal entries and the external entries must be the same. How a match is performed depends on the reconciliation type, Replication, or Mirroring of entries.

The following Nostro Account Transactions are available:

• Match Entries Automatically
  Automatically match external transaction statement entries with the corresponding internal transactions by following the instructions provided in this topic.
• Match Entries Manually
  Manually match external transaction statement entries with the corresponding internal transaction entries by following the instructions provided in this topic.
• Manual Statement Input
  Create and view Manual Statement Inputs by following the instructions provided in this section.