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CICS OM 17-014

Updated: Dec 22, 2020

11 May 2017


TO : All Clearing Banks/Institutions


RE : SUGGESTED RECONCILLIATION PROCEDURES UNDER CICS



1. To assist banks in their accounting and reconciliation of outward and inward CICS clearing transactions, we are

issuing the following suggested procedures to supplement the recon tasks mentioned in the earlier published Member Banks User Guide.


2. Reconciliation is a mandatory task that needs to be performed after cut-off time in order to establish the actual value of transactions included in the clearing results submitted to the BSP. As a matter of operating procedure therefore, Member Banks must validate and verify the completeness of the ICL files sent and received vis-à-vis the clearing results, to wit:


2.1. Outward Transactions Reconciliation


2.1.1. With reference to the Web Portal Facility:


2.1.1.1. Check if the files listed on the ICL Arrival tile matches that of the files processed at the Front-end

system.

2.1.1.2. Validate the corresponding outward total items and outward total amount processed in CICS

2.1.1.3. Open the Net Position Summary tile or the Net Position Detail to view the total outward

transactions processed at CICS.


2.1.2. View or print the following reports generated at CICS and transferred to the PBM’s shared folder after the

cut-off time:


2.1.2.1. Member Bank Settlement Report

2.1.2.2. Member Bank ICL Received Log

2.1.2.3. Member Bank’s ICL Received Summary

2.1.2.4. Member Bank’s Forward Tran Total Presented


2.1.3. Compare the total outward transactions processed at the Front-end system to the reports mentioned in

2.1.1 or 2.1.2 above.


2.1.4. In case of discrepancy, check the acknowledgement files for any items rejected when the outward files

were sent.


2.1.5. Should discrepancy persist, login to the Supervisor Module of the PBM.


2.1.5.1. Generate the PBM ICL received log report in case there was an issue in transferring the files from

the Front-end to the PBM.

2.1.5.2. Check the number of files processed against that of the FES.

2.1.5.3. If there is inconsistency, generate the PBM Supervisor Import Log report to account for any file

imported but eventually rejected by the PBM.

2.1.5.4. Account for the difference.


2.2. Inward Transactions Reconciliation


2.2.1. Using again the Web Portal Facility as reference:


2.2.1.1. Check the list of files on the ICL Departures tile and compare that to the ICLs received and

processed at the front-end system

2.2.1.2. Check the number of Inward ICL files received from CICS

2.2.1.3. Open the Net Position Summary tile or the Net Position Detail to view the total inward transactions

processed.


2.2.2. View or print the following reports generated at CICS after the cut-off time:


2.2.2.1. Member Bank Settlement Report

2.2.2.2. Member Bank’s Transactions Total Received


2.2.3. Compare the total count and amount processed by the front-end system to the information indicated in

either 2.2.1 or 2.2.2 above.


2.2.4. In case of discrepancy, login to the PBM Supervisor Module and generate the exception reports of the

PBM server.


2.2.5. Identify unprocessed ICL files due to exceptions like duplicates and other validation exceptions.


2.2.6. Account for the difference.


3. Should you need further clarification and/or additional guidance, please do not hesitate to call our Service Help Desk

at 523-0315 or 523-4019 local 102, 103 & 106.

CICS OM No.17-014
.Suggested Reconciliati
SUGGESTED RECONCILIATI • 832KB