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Incoming MT202 To LORO BIC - Charge Account (Doc ID 2957641.1)

Last updated on JULY 06, 2023

Applies to:

Oracle Banking Payments - Version 14.4.0.0.0 and later
Information in this document applies to any platform.

Goal

The Bank is uploading an incoming MT202 message having as beneficiary a LORO BIC.
The system is creating an incoming Bank transfer contract debiting a Notro account and crediting the LORO of the beneficiary.
The charge is taken from the debit (Nostro) Account, which is wrong as the system is supposed to take the charge from the credit (LORO) account.
 

Solution

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In this Document
Goal
Solution


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