2.7.6 India Payments - NEFT ISO SFMS Changes

Enhancements have been implemented to support NEFT ISO FCRA and LEI requirements in line with SFMS guidelines:

• Camt.059 credit confirmation messages for inbound transactions now include both date and timestamp in the Expected Value Date field to enhance transaction tracking.
• For Indo-Nepal transactions, when the Category Purpose Code is INDNPL, the system will automatically set the debtor account type code to 51. This validation is enforced on both the PTDOTONL screen and the corresponding REST service.
• Legal Entity Identifier (LEI) format validation is now enforced for both debtor and creditor information in outbound and inbound Pacs.008 transactions, as per SFMS business rules.
• The system now maintains and enforces SFMS-listed Reject/Return codes, allowing users to select the appropriate reject code when processing returns, and validates the Return Code in Pacs.004 messages at the sending bank’s end.
• Support for special characters, as specified by SFMS, has been implemented; any such characters are now replaced with a space within the system.

These updates enhance the accuracy, integrity, and regulatory compliance of transaction processing.