Process Incoming Direct Debit Instruction at Debtor Bank
sd Process Incoming Direct Debit Instruction at Debtor Bank
:Financial Gateway
:Correspondent
Bank Operations
Handle Incoming Direct Debit Message
:Payment Order
Initiate Payment Order for Incoming Direct Debit Instruction
:Direct Debit
Mandate
Retrieve Related Direct Debit Mandate
:Regulatory
Compliance
Conduct AML Check
: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 Customer Account
:Current Account
Authorise Debit Booking
Record Credit Booking for Vostro or Nostro or Clearing Account
Send Payment Message
Reject Direct Debit
Send Payment Message
If Not Covered by Mandate
If Incoming Direct Debit Payment Transaction
1 transaction
If Vostro Account
:Corporate Current
Account
Authorise Credit Booking for Vostro Account
:Internal Bank Account
Authorise Credit Booking for Nostro or Clearing Account
See also the
Documentation tab.