Updated: Dec 18, 2020
November 26, 2020
T O : All Clearing Banks / Institutions
R E : BANKS’ READINESS TO PROCESS ICLS WITH WORK TYPE 8 (WT8)
Further to Memo Circular No. 3615 dated August 7, 2020 (Mandatory Implementation of Work Type 8 for Banks Offering Mobile Deposit Capture), PCHC would like to check the progress of CICS participants insofar as readiness to tag and receive ICL files with WT8 tag.
In said Memo, banks offering mobile check deposits must be able to mark or tag those mobile captured Checks for clearing with a WT8 in their outward ICL files before they are transmitted to PCHC.
On the other hand, Receiving Banks need to ensure that their respective CICS Front-end system will be able to process any incoming ICL files that bear the WT8 tag from banks offering mobile check deposits.
The readiness of all participant banks’ CICS Frontend system to process inward ICLs with work-type 8 will allow PCHC to deploy the new facility at the backend immediately and make it ready should any of the banks offering mobile capture start to send outward ICLs with WT8.
We therefore request all participants to accomplish the attached survey and email duly accomplished form to PCHC on or before December 4, 2020 to the following:
Subject: REPLY - WT8 IMPLEMENTATION READINESS
6. Hoping for your immediate response.