Payment Reconciliation


 

Payment Reconciliation:

  • A Payment Reconciliation is a link between two payments entities that are related by business logic. For instance, upon successful reconciliation between an announcement (MT103) and a cover (MT202COV), a Payment Reconciliation is created to store the link between those entities.
  • Payment Reconciliation is required in two circumstances:
    • When a Payment Entity is received from an external party, and must be reconciled to an existing Payment Entity in the system.
    • When a Payment Entity is created by the system, and linked to another Payment Entity already existing in the system.

PaymentReconciliation


 



 





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