Payment Acknowledgement by Receiver (TCH)

Payment Acknowledgement use case for TCH.

This scenario describes the end to end processing of a payment acknowledgment by receiver that is initiated by a creditor client. The payment acknowledgment is sent to the creditor financial institution (FI), forwarded to the clearing and settlement mechanism (CSM), and passed to the debtor FI. Once the request is validated by the debtor FI, it sends a status confirmation to the CSM, which in turn sends a status confirmation to the creditor FI. The debtor FI also sends a notification to the debtor client.

Payment acknowledgment by receiver high-level sequence diagram

The following figure shows the high-level sequence diagram for the payment acknowledgment by receiver use case:

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 Outgoing Payment Acknowledgment by Receiver (TCH) and Debtor FI Incoming Payment Acknowledgment by Receiver (TCH).