Transaction CPTSET
In this transaction payment instructions are registered, the applicant'/originator's account is debited, the amount is credited to the specified account (beneficiary or correspondent account) and with “Payment Type” = “Outgoing Payments”:
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the relevant outgoing payment message/s is/are created
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a debit advice for the ordering customer or institution is created
| Roll | Condition | Contents |
|---|---|---|
| Applicant (ORC) | If ORI = empty | * Debiting payment amount * Debiting our fees to applicant * Debiting external fees (if known) |
| Applicant's bank (ORI) | If ORI is not empty (for all types of payment) |
* Debiting received amount (payment amount - external fees) * Debiting our fees to applicant * Debiting our fees of interim bank(s) (if known) |
| Paying Bank (PYB) | Outgoing or forwarded payment | * Crediting received amount, less our fees to paying bank, plus fees from interim bank(s) (if known) |
| Beneficiary (PYE) | Incoming payment | * Crediting received amount * Debiting our fees |
In case a bank using the application activated further “Payment Types” based on individually implemented rules and requirements, then with
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“Incoming payment”, a credit advice is sent to the credited party, being the beneficiary
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“Transit payment”, an outgoing payment message is created.
Temporary settlement
There might be scenarios where an outgoing payment should be booked/registered but requires an additional authorization for final settlement of the payment. In these situations a temporary settlement can be created via the standard settlement panel. On the settlement panel it is defined, whether it is a 'temporary' or a 'final' settlement. The settlement can be selected as 'Temporary' and the contract can be saved. For temporary settlement, the relevant payment messages are not yet generated. Also the accounting entries will not be posted.
Once authorization is received, the user could return to this transaction (Settling a clean Payment) and complete the payment by loading the temporary settlement and processing it as 'Final'. Thereafter, the relevant payment messages are generated and actual accounting entries are posted/booked.
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