3.4 Suggestive Credit Value Date

This topic describes how the payment framework provides the functionality to display a suggested credit value date on the payment review screen.

This date is an indicative date only and it gives the end user an idea of when the payment would get credited to the payee’s account, before he can confirm the transaction.

The service takes into account parameters like the network of payment, the currency etc. before arriving at the suggestive credit value date.

This service is currently available out of the box integrated only with Oracle Banking Payments. For other product processors a customization would be required.