Scenario that describes the end to end processing of a request for return of funds that is
initiated by a debtor client.
The request is sent to the debtor financial institution (FI), forwarded to the clearing and settlement
mechanism (CSM), and passed to the creditor FI. Once the request is validated by the creditor FI, it sends a
status confirmation to the CSM, which in turn sends a status confirmation to the debtor FI. The creditor FI
also sends a notification to the creditor client.
Request for return of funds sequence diagram
The following figure shows the high-level sequence diagram for the request for return of funds use case:
Figure 1. Request for return of funds - high-level sequence diagram
In the figure, FTM for Immediate Payments provides the process required for the Debtor FI and
Creditor FI lifelines.
For details of processing, see Creditor FI Incoming Request for Return of Funds (TCH).
