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Mar 25, 2011 at 01:28 PM

Issue in EBRS

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Hi

I am struck up with an Issue in MT940 based EBRS. The banker is ICICI Bank. Here the MT940 Code NMSC is used for the following transactions:

Rejection

Cheq Return

Charges

Transfer

Mass DD

Nebulous

Transfer

DD iss

TRFR TO*TRANSFER TO ICICI BA

However, it should go to seperate Bank Sub Accounts. Since the MT940 Code is NMSC is common for all Business Transactions, it is not possible to identify each transaction automatically. However, as a work around, we have identified that NMSC is always followed by four or six digit identifier, which is unique to a Business Transaction.

So, instead of using NMSC as External Transaction Type, I have used the following as external identifier

Std Code Modified Code Business Transaction

NMSC NMSCZone Rejection Dep a/c -

NMSC NMSCcheq Cheq Return Dep a/c -

NMSC NMSCOTHE Charges Unrecon -

NMSC NMSCLTR Transfer Issue a/c -

NMSC NMSCMass Mass DD Issue a/c -

NMSC NMSC0000 Nebulous Issue a/c -

NMSC NMSCTRF Transfer Issue a/c -

NMSC NMSCLETT DD iss Issue a/c -

NMSC NMSCCHQ TRFR TO*TRANSFER TO ICICI BA Issue a/c -

However, after loading the MT940 in the system, it does not identify the Modified Code and system gives an error "Account not updated"

The interpretation algorithm used is 000 and 015

Regards

Sanil Bhandari