✔️Reconciliation

To enhance transparency and control over settlements between partner banks, DCM platform automatically sends a "Reconciliation Report" via email. This report helps in reconciling and tracking obligations and payments effectively.

Types of Reconciliation Report:

• Daily Reports

Generated daily and contains information about all obligations and settlements between counterparties from the beginning of the month up to the reporting day.

Example: A report generated on 29.11.2024 includes Payment Message data for the period from 00:00:00 01.11.2024 to 23:59:59 28.11.2024.

• Monthly Reports

Generated monthly on the 2nd day and cover the previous calendar month.

Example: A report generated on 02.12.2024 includes Payment Message data for the period from 00:00:00 01.11.2024 to 23:59:59 30.11.2024.

Structure of the Reconciliation Report:

• Report ID - unique identifier of the report.

• Recipient agent name - name of the bank receiving the report.

• Recipient agent BIC - code of the receiving bank.

• Counterparty agent name - name of the counterparty bank.

• Counterparty agent BIC - code of the counterparty bank.

• Counterparty agent code - tax code of the counterparty bank.

• Start date - start date of the reconciliation period.

• End date - end date of the reconciliation period.

• Reporting period:

  • Total obligations of the ____ - total Payment Message amount (excluding fees) with the status "Approved" during the reporting period.

  • Total settlement payments from _____ - total Payment Message amount (excluding fees) with the status "Approved" and successfully paid during the reporting period.

  • Total amount of outstanding commitments from _____ - total Payment Message amount (excluding fees) with the status "Approved" but not yet paid during the reporting period.

  • Total amount of PM initiated by ___ - total fees accrued for all Payment Messages with the status "Approved" during the report period..

  • Total amount of PM initiated by ___ - total fees accrued for Payment Messages with the status "Approved" and successfully paid during the reporting period.

• Table:

  • Payment message external ID - unique payment identifier in the payer bank's system.

  • Debtor BIC - code of the client's bank.

  • Debtor IBAN - payer's account

  • Creditor BIC - code of the recipient's bank.

  • Creditor IBAN - recipient's account.

  • Amount -payment amount.

  • Issuer fee - commission fee.

  • Fee amount - commission amount.

  • Amount to pay - payment amount after deducting commission.

  • Currency - payment currency.

  • Purpose - payment purpose.

  • Payment message GUID - unique payment message identifier in DCM platform.

  • PM type - payment message type (trade, p2p, return, aid).

  • Created at - date and time the Payment Message was created.

  • GSR ID - ID of the gross settlement register containing the Payment Message.

  • GSR status - status of the gross settlement register at the time the settlement report was generated.