SAM80095 - Payments: payments overview: returned payments

DM Banking receive separate bundles of returned payments from the bank for processing which can relate to any of the banking systems.

Each bundle is agreed with the total notified by the bank and passed to the Automatic Remittance Processing (ARP) section where the payments are processed.

The processed and returned payment batches are compared with the printed listings and documentation to reconcile the returned payments processed in SA.

For more information on returned payments see the Debt Management & Banking Manual DMBM207000.