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Incoming Pacs.004 With 8 Chars BIC is not matched with the original outgoing transaction (Doc ID 2799060.1)

Last updated on AUGUST 23, 2021

Applies to:

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


When the Bank is uploading an incoming pacs.004 with Creditor Bank Code having 8 chars BIC, it is not matched with the original outgoing transaction, which is having Creditor Bank Code as 11 chars BIC (8 chars BIC pus XXX). This is wrong as 8 chars BIC are same as 11 chars BIC having XXX at the end.


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