2.5 ACH Inbound Transaction Processes and Validations

• Inbound File Upload
  
• Branch & Host Resolution
  Instructed Agent BIC in pacs.008 message is considered as transaction branch BIC. Transaction branch BIC is compared with branch codes available in Core maintenance for branches to ascertain Branch code and related Host code.
• Network, Payment Type & Transaction Type Resolution
  In File parameters Maintenance, you can specify for File type SCF and for a Host code which Network code is applicable. This Network code will be applicable for all transactions listed in the Inbound file. Payment type linked to the Network is considered as the transaction payment type.
• Payment Value Date Resolution
  Inter bank settlement date in pacs.008 message is considered as payment debit value date for Inbound type of transaction.
• Debit Account/Credit Account Resolution
  
• Receipt Accounting
  
• Processing of Inbound Payments
  
• Inbound Payment Validations
  
• Referential Check & Initial Validations
  
• Future Dated Inbound Payment
  
• Notifications