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Oracle provided ISO painV3 for Credit Transfer is not compliant with ISO 20022 Standards

in Payables, Payments & Cash Management 8 comments

Summary:

Oracle provided ISO painV3 for Credit Transfer is not compliant with ISO 20022 Standards

Content (required):

After reviewing the following link and comparing the notes Oracle has provided for CGI implementation with ISO 20022 ISO pain V3 for Credit Transfers, it is clear that Oracle does not some tags which are required by banks/countries across geographies.

Per ISO 20022 CGI implementation this is abundantly clear, however, it seems Oracle is non-compliant when it comes to processing Credit Transfers.

Would like to hear opinions of the community around the following tag:

<RgltryRptg>

How has this been tackled?

Have you manually added this or does Oracle provide this info in some other tags in the ISO.

Tagged:

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