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 220.127.116.11.0 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.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document