Queuing Payments (insufficient balance)

A payment that has been authorized (see Business Workflows Processor) with all required signatures as defined in User Client List may not be executed immediately due to the following reasons:

  • the balance of the FROM account (the account sending the amount) is lower than the value of the payment and during that day, in the FROM account funds are going to be credited.
  • the Core Banking of the financial institution is in an idle state, the payment is going to be executed when the state is operational.
IMPORTANT!  
All the payments care sent to the list of queued payments with the exception of Local Currency Instant, SEPA Instant Payments and Bulk Payments.

The future date payments are placed in the queue until the banking date matches the execution day and that is when the payments is sent to Core banking for the first time. It may be the case for the following cases:

  • SWIFT.
  • initiate the payment on the 2nd of June
  • execution Date is later than the current date.

There is a scheduled job running every minute. For each item from FTOS_IB_PaymentsQueue the retry is incremented each time when job running until system parameter maxNoRetriesQueueing is reached. For details, see Scheduled Jobs.