2.6.8 SEPA Instant - Settlement Method Population

Currently, the settlement method is populated as CLRG for SEPA Instant payments and INDA for TIPS payments.

For indirect participants, the settlement method must be determined based on the direct participant’s format. Additionally, support for CLRG as a settlement method is now extended to TIPS payments.

In the Faster Payment Addition Preferences screen (Function ID: PFDNWAPR), a settlement method field has been added. By default, this field is populated based on the Network Type code of the selected Network, but users can amend the value to either CLRG or INDA.

If this new maintenance is unavailable, the system will continue to use the existing default logic.