OBPM| Incorrect Return Accounting In Case Of Inward Return Of Outward Payments (Doc ID 3057896.1)

Last updated on NOVEMBER 11, 2024

Applies to:

Symptoms

On : 14.7.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
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Incorrect Return Accounting observed , in Case Of Inward Return Of Outward Payments

 
EXPECTED BEHAVIOR
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System should not credit the original debtor with more than return interbank settlement amount (Charges once recognized cannot be reversed to the original debtor

STEPS
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The issue can be reproduced at will with the following steps:
1. Initiate an outward payment with charge bearer as CRED
2. System debits the debtor account for instructed amount
3. System uses NOSTRO account to debit the charge (There is a credit of instructed amount on NOSTRO and debit of charge amount on NOSTRO which means net credit on NOSTRO is interbank settlement amount
4. Outgoing Txn is processed, and message is handed off
5. Now an incoming return is received where return interbank settlement amount is equal to original interbank settlement amount
6. Payment return is successfully processed and original txn is updated as RETURNED
7. As part of return accounting, system debits NOSTRO for return interbank settlement amount but credits the original debtor with original instructed amount which is incorrect
8. System should not credit the original debtor with more than return interbank settlement amount (Charges once recognized cannot be reversed to the original debtor

Cause

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