1.6.3 Negative Response for Recall Request

On receiving a negative response camt.029 for a recall request from beneficiary bank, the system matches the same with the original transaction.

Parent transaction is matched using the Original Transaction ID field with Transaction reference of Outbound payments in Recall Requested status.

On getting the parent transaction, further matching is done based on the following fields:

• Transaction Currency
• Transaction Amount
• Original Debtor IBAN
• Original Creditor IBAN
• Original Creditor BIC

The original transaction is marked back to Completed status. Further operations are possible for this transaction.

Response details are available as part of original transaction exception details in the view screen.

There is no accounting impact.

Note:

Status of the original transaction is updated as Recall Rejected when Negative Recall response is processed successfully for a transaction. If the original transaction status is Recall Rejected, system will not allow another recall/ return processing for the same transaction.