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IBAN Validation Is Not Happening For 8 Digit BIC In Account With Institution (Doc ID 2567810.1)

Last updated on JULY 23, 2019

Applies to:

Oracle Banking Payments - Version 14.2.0.0.0 and later
Information in this document applies to any platform.

Symptoms

IBAN Validation is not happening when BIC in Account With Institution is 8 Digit. System is not throwing error and processing the Transaction with Invalid IBAN.

Expected Result:
System should throw error as 'Ultimate beneficiary Account is not a valid IBAN'

ERROR
-----------------------
Ultimate Beneficiary1 is not a Valid IBAN. Payment moved to repair queue

STEPS
-----------------------
The issue can be reproduced with the following steps:
1. Create an Manual Ctross Border Transaction with 8 Digit BIC of IBAN required Country
2. Enter Invalid IBAN for same country code
3. Click on Enrich



Cause

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In this Document
Symptoms
Cause
Solution
References


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