Outgoing Domestic - ISO20022 PACS 028 - Drawdown Request Status

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PACS 028 Drawdown Request Status provides the credit union with the ability to request a status update for a previously sent PAIN 013 Drawdown Request.

All optional steps are marked Optional at the beginning of the step.

Section 1 - Wire Detail

  1. Click Create New Domestic

  2. Select Member Contact For Verification

    1. Individual who will most likely verify wire or who may answer questions regarding the wire

    2. This dropdown will only display the names of Users that have the permission to verify wires

  3. Select Business Function Code PACS 028 Drawdown Request Status

  4. If responding to a drawdown request, select the Find Wire button to auto-fill the Original Transaction fields

    1. Find Wire tab defaults to Outgoing

    2. Provide filtering information in the column headers to narrow results

    3. Click the radio button of the wire to investigate

    4. Click Apply Selected

  5. If manually responding to an inquiry request, complete the following fields for the Original Transaction

    1. IMAD

    2. Original Business Function Code

    3. Transaction ID

    4. Beneficiary Reference

    5. Sender Reference

    6. UETR - UETR of the original message to which the payment return message relates

    7. Created Date

    8. Time

    9. Original Amount

  6. Click Next Step

Section 2 - Final Credit

  1. If the return wire was identified and selected in the first screen, the fields will be auto-filled

  2. If manually entering information, complete the following fields

    1. Receiving ABA/Instructed Agent

      1. Provide Bank Identification (routing number)

  3. Click Next Step

Section 3 - Review

Once all sections have been completed, the User will review all wire detail. If any errors are detected at this time, the User may update the information from this screen or go back and navigate through all screens to make the correction(s).

After wire entry has been reviewed, click Create.

A second User will need to verify the wire. Those steps may be reviewed in the Outgoing Wire Approvals article.