1. Common Global Implementation (ISO20022) Localizations Implementation Guide
  2. Understanding CGI Payments

Understanding CGI Payments

The Common Global Implementation (CGI) Initiative aims to extend the scope of multi-bank payment format implementation guideline based on the ISO 20022 XML payment. The initiative provides a forum for global, multi-country, multi-bank, and multi-instrument implementations.

The conditions that are specific to the ISO 20022 CGI payment file format are:

  • The payment currency can be any currency.

  • There is no restriction on the disbursement bank branch location and payee bank branch location.

  • The payee bank account is required for all electronic funds transfers (EFTs).

To create the CGI payment XML file in the JD Edwards EnterpriseOne system, you set up your company and supplier bank accounts with the BIC number and IBAN. When you use the Write process in the automatic payment process, the system writes records to an XML file for accounts. You then send the XML file to the bank.

The JD Edwards EnterpriseOne system supports the creation of the credit transfer XML payment format. The XML file is created for CGI credit transfer payments when you run the automatic payment process. However, the system does not support the transmission of the XML file to the bank.

Note:

To specify default processing for CGI payments, you set processing options for version ZJDE0001 of the Payment Information Extractor Report (R744003), and the CGI Credit Transfer POs - COMM -04 program (P744003). The only function of the P744003 program is to provide additional processing options for CGI to complement the general processing options available in the R744003 program.

To access the processing options for P744003, select the CGI Credit Transfer Processing Options (P744003) from the General CGI XML menu (G74CGICT). You can also access the processing options through the Interactive Versions program.

To access the processing options for R744003, select the CGI XML Credit Transfer (R744003) from the General CGI XML menu (G74CGICT). You can also access the processing options through the Batch Versions program.

The Payment Print Program value must be P744003.

The system generates the bank clearing system details for both the debtor and the creditor when IBAN, SWIFT, or BIC is not used for validating the transactions. (Release 9.2 Update)