Preadvice - CAMT057

Functionality for sending CAMT057 messages to banks for preadvice of incoming payments. The messages are sent via SFTP to the banks.

Payments - Payment Details - Tab Pre-Advice Rules

Define rules for which incoming payments should be pre-adviced. Possible to set an general amount limit or a limit per currency.

Filters can be set on the following parameters:

Company type - Select which incoming payments that should be preadviced based counterparty company type.

Sender Bank - Which sender banks (Counterparties bank) should be included.

Receiver bank - Which Receiver banks (Legal Entities bank) should be included. 

Currency - Possible to set a limit for per currency or one limit for all currencies (Default (All).

Limit Amount - Per selected currency or all currencies (Default (All).  Incoming payments equal to or greater than the limit amount will be preadeviced. The limits for the rules can be a combination of limits for specific currencies and a Default (All) limit.

Autopilot

Create an activity of type Camt057PreadviceExporter in the Autopilot.

Select transfer method to SFTP and select credentials to be used for the transfer.

Payments - Pay

The preadvice rules are applied after the Create Payments function is performed and the Payment rules are applied.

The result of payments and preadvice are seen in the Pending Payments tab.

The  status can be one of the following:

Preadvice - When a predvice rule is applied

ApprovedPreAdvice - When a Predvice is Approved

Preadviced - When a Predvice transaction is exported (Seen in All Payments view)