4.1.1 Positive Pay Preferences

This maintenance is a generic maintenance which is applicable to all customers. This maintenance is required when there is a threshold amount above which Positive Pay validations are applicable to all customers or if UDF group is to be attached to Positive Pay input.

1. On Homepage, specify PIDPPPRF in the text box, and click next arrow.
   Positive Pay Preferences screen is displayed.

   Figure 4-1 Positive Pay Preferences

   
   Description of "Figure 4-1 Positive Pay Preferences"
2. Click New button on the Application toolbar.
3. On Positive Pay Preferences screen, specify the fields.

   Table 4-1 Positive Pay Preferences - Field Description

   Field	Description
   Host Code	Host code is defaulted based on user’s logged in branch.
   Host Description	System defaults the Host Description.
   Threshold Amount For Positive Pay Validation	--
   Threshold Currency	Specify the Threshold Currency from the list of values
   Threshold Amount	Specify the cheque amount above which it is mandatory to have Positive Pay record for cheque payment.
   Other Preferences	--
   UDF Group	Specify the UDF Group from the list of values. All valid UDF groups are listed.
   Beneficiary Name Validation Required	This preference flag indicates whether the Beneficiary name validation is required while process an inward positive pay transaction in clearing.
   Stale Period	--
   Days	Specify the Stale Period Days.
   Months	Specify the Stale Period Months.

   Note:

   Stale positive Pay instruments fails stale day validation, once received in inward clearing. Such transactions are moved to Return Queue.

• Positive Pay Preferences Summary