(G) Forward date transaction
ACH supports forward date transactions
Refer 3.2.4.1.3(1)(I) for the detail of forward date transaction.
(2) Screen Requirement
System screens of payment instructions, when they are input from CBM-NET
terminals, will be designed by the CBM-NET Phase 2 application vendor and will be
confirmed by CBM in the external design phase.
(3) Form Requirement
Forms of payment instructions, when they are output from CBM-NET terminals,
will be designed by the CBM-NET Phase 2 application vendor and will be confirmed
by CBM in the external design phase.
(4) Data and Information Requirement
The system-related data and information will be designed by the CBM-NET Phase
2 application vendor and will be confirmed by CBM in the external design phase.
(5) External Interface Requirement
The message formats of ACH direct credit or rapid retail payments received from
sender banks and sent to receiving banks are compatible with pacs.008. The message
formats of ACH direct debit received from sender banks and sent to receiving banks
are compatible with pacs.003 (refer to 2.2 ISO 20022 adoption).
Other data and information will be designed by the CBM-NET Phase 2 application
vendor and will be confirmed by CBM in the external design phase.
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