Using Positive Pay with EFT

Hello - My client will be implementing EBS R12.2.  They have a requirement to receive confirmation from the bank that EFT payments transmitted were successful passed on to the beneficiary.  The proposed process is;

1 - Create payment in Oracle, right through to confirmation.

2 - Send payment file to the Bank

3- Receive confirmation from the bank that each payment was successfully processed through to the beneficiary's account.

OR

Receive details of any payments that are not successfully processed through to the beneficiary's bank account.

4 - Automatically process the unsuccessful payments to void the payment in Oracle, so it is available for the next payment run.