ISO 20022 XML Payments does not Support Bills Payable (Doc ID 2122562.1)

Last updated on MARCH 20, 2024

Applies to:

Goal

On : 12.1.3 version, FD Formats

Need ISO 20022 XML payments to support Bills Payable

We are currently using the Norwegian payment format Telepay and payment type Electronic with "Use Payment Method to Issue Bills Payable" checked.
Payments are being sent to the bank and executed on their respective maturity date.
Now will  change to the ISO 20022 XML format. This format, however, does not seem to support the use of "Bills Payable". The seeded ISO 20022 XML templates uses payment date and not maturity date. Even if we customize the template to use maturity date as requested execution date, the payment file generated will use the maturity date from the first payment on all other payments, which of course is incorrect.
Current structure of payment file generated:
GrpHdr
PmtInf
  ReqdExctnDt - payment date from instruction
CdtTrfTxInf
CdtTrfTxInf
CdtTrfTxInf
-
We need the payment file to use the following structure:
GrpHdr
PmtInf
  ReqdExctnDt - maturity date from payment 1
CdtTrfTxInf
PmtInf
  ReqdExctnDt - maturity date from payment 2
CdtTrfTxInf
PmtInf
  ReqdExctnDt - maturity date from payment 3
CdtTrfTxInf

Solution

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.