3.4 Suggestive Credit Value Date

This topic describes the information about Suggestive Credit Value Date.

The Payment framework provides the facility to display the suggestive credit value date on the review screen of a payment. 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 considers 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.