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MT942 - Issue In Field 61 For Non FT Reversal Transactions (Doc ID 2576567.1)

Last updated on SEPTEMBER 20, 2019

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.

Symptoms

On : 12.0.3 version, Production Support-SET

ACTUAL BEHAVIOR
---------------
MT942 is failed in SWIFT network due to an extra 'R' populated in field 61 for the non-FT reversal entries.

EXPECTED BEHAVIOR
-----------------------
After reversal accounting entries are fired and generate MT942 for the account, reversal entries should come with single 'R' in field 61.
  

STEPS
-----------------------
The issue can be reproduced with the following steps:
1.Book a PC Contract. Save and authorize the contract.
Check that accounting entries are fired.
2.Reverse the Contract. Reverse the contract. Check that reversal accounting entries are fired.
3.Verify generated MT942 for this account from ACDADCRP.
4.MT942 is failed in SWIFT network due to an extra 'R' populated in field 61


BUSINESS IMPACT
-----------------------
MT942 failed in SWIFT network for the non-FT reversal entries.

Cause

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In this Document
Symptoms
Cause
Solution


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