This transaction facilitates the return of payment documents to the presenter. A payment document may have to be returned because

• the collecting bank has returned the payment document, or
• the payment document cannot/should not be sent to the collecting bank. (For example, because one or several checks were erroneously recorded with an incorrect check route or in an incorrect remittance.)

It is only possible to return single checks from a presentation contract to the presenter, therefore it is necessary to select single checks. Information on the return may have been advised by the collecting bank. The status of the payment document has to be set either to Inhouse, Sent or Awaiting Return. Depending on the status of the check, in each case only certain message types are possible.

If a check that has already been settled with the customer is to be returned to the international bank before it is dispatched (Status = Inhouse), this transaction can be use to charge back the customer. Where necessary, the fees already charged to the customer can be corrected using the Settling Charges (CHTFEE) transaction. Alternatively, the correction of the contract is possible via a Amending the Check Pool (CHTAME).

If a returned payment document is not to be canceled for the presenter, select the Return to stock / No letter message type. Technically, this invalidates the document. The document can then be sent to another collecting bank, for example, using the Handling Special Cases (CHTREP) transaction, where a new contract comes into being.

For the presenter, the value date of the initial credit from the presentation contract is used when amounts are charged back. For the collecting bank the value date is the value date of the corresponding dispatch contract. In the event of a conversion, the current day's exchange rate is used in order to prevent an exchange-rate risk arising for the bank.

The return process is completed when either the payment document or a copy of the document has been returned to the presenter, or when an appropriate selection has been made in the “Type of Message”. If the check has just been advised, a reminder may need to be sent about the receipt of the check.

If returns have been presented that are not part of any presentation contract or are not be canceled for the presenter, the Handling Special Cases (CHTREP) transaction is to be used.

Existing check contract (may be closed)
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.

Returned check fees “CHFRET” are billed on a piecemeal basis. field.

For more information see TRNDIA Diaries.

Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.

Signature required

Overview
Checks
Settlement Details
Settlement
Bookings
DTAEA Fields
DTALC Fields
Completion
Incoming Tag 72/79
Messages
Compliance
Attachments
Fee Conditions
DTAG Fields