Book traversal links for 7.6. Crediting Beneficiary's Account
7.6. Crediting Beneficiary's Account
No: 42068309 | Date(g): 5/5/2021 | Date(h): 24/9/1442 |
Effective from 2021-05-05 - May 04 2021
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In accordance with applicable laws, rules & regulations, The Receiving Direct Participant, where the Beneficiary's account number quoted in the Payment Message is the correct account number for the Beneficiary stated in "Beneficiary Customer" field (Field 59), must credit the Beneficiary with same day value as soon as possible but not later than the end of the same Business Cycle.