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FED Incoming BTR With Tag 4200 As Our Own BIC Code Is Getting Processed By STP Based On The BIC-CIF (Doc ID 2697106.1)

Last updated on AUGUST 10, 2020

Applies to:

Oracle Banking Payments - Version 14.3.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.3.0.0.0 version, Implementation Support

FED Incoming BTR with tag 4200 as our own BIC code is getting processed by STP based on the BIC-CIF

FED Incoming BTR with tag 4200 as our own BIC code is getting processed by STP based on the BIC-CIF mapping.
As the payment is related to Loan or Trade- bank expects it to be retained in Non STPQ.
But system is not satisfying the rules based on derived CIF/Account

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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