Process Outgoing Direct Debit Instruction at Creditor Bank

sd Process Outgoing Direct Debit Instruction at Creditor Bank :Correspondence :Payment Initiation Record Request for Outgoing Direct Debits :Customer Agreement Verify Direct Debit Agreement :Direct Debit Process Request for Outgoing Direct Debits :Regulatory Compliance Check Debtor :Correspondent Bank Operations :ACH Operations :Payment Order Initiate Payment Order :Payment Execution Execute Payment Transaction See Corporate Banking Products - Bookings and Interest Management for details of Record Debit Booking and Record Credit Booking :Position Keeping Record Debit Booking for Intermediate Account :Corporate Current Account For Each Direct Debit Instruction If Settlement Is via Clearing Record Credit Booking for Customer Account Authorise Credit Booking If Provisional Direct Debit Booking 1 transaction Send Direct Debit Message :Internal Bank Account Authorise Debit Booking :Financial Gateway Send Direct Debit Instruction via SWIFT Send Payment Message