C1-TRNPAYRCN

This algorithm transfers the payment amount from the payor account's contract to the reconciliation contract of the accounts for which you have received the pay instruction. In this process, the payment against the payor account's contract is canceled and the payment against the payee account's reconciliation contract is created in the Frozen status.

It contains the following parameters:

• Payment Cancel Reason - Used to indicate the reason that you want to use when the payment on the payor account's contract is canceled.

• Reconciliation Contract Match Type - Used to specify the match type using which you want to apply payment against the reconciliation contract.

Both these parameters are mandatory.