Introduction to Clearing Directory

This section gives an introduction to Clearing Directory.

Clearing Directory Upload

The bank needs to be registered with a clearing to participate in the services it provides. Each clearing releases a clearing directory file or participant bank catalogue that lists the banks participating with the clearing.

The user can identify the participant bank using a Bank Identifier Code (BIC) or National Clearing Code (NCC). Temenos Payment Hub (TPH) can receive the clearing directory file and upload the information to the TPH clearing directory table through an automated process. The received file can be:

Full file − Lists all the participant banks in the clearing
Delta file − Contains only the changes from the previous clearing directory release

Each clearing directory file has a different upload API, which maps the information from the directory file to the TPH clearing directory table.

Existing records that are used for ongoing payment processing co-exist with the newly uploaded records until the purge process happens

If the effective date provided in the file is same or before the date of upload, the API that is uploaded updates the effective date of the records to the next calendar date. This API determines the reachability key based on the configured parameters and stores it in the clearing directory record. This key is used to perform reachability check.

An obsolete record can be deleted from TPH (if configured). The bank user has the flexibility to add new records and view, edit or delete the existing records in the clearing directory table.

If automatic upload of the directory file fails, TPH mark the operation as ‘failed’ and the file is made available in the folder from which it is uploaded. The following clearing directories are loaded to TPH:

Clearing Directory Upload	File Format	Time Span for Publish	Details Loaded to the System
HCTINST	GIRO receives the record in GVT file	Monthly	Bank Identifier Code (BIC) National Clearing Code (NCC) Name of the participant bank Reachability type Intermediary institution BIC Status AFR type - AFR type code Effective date Start date End date
EQUENS	Receives record in the EQUENS Reach Table published by the equensWorldline in rocs format	Weekly	BIC Payment channel Name of the participant Country Scheme Reachability type Status Start date End date Effective date NOTE: Other clearing specific details are loaded to clearing specific context name and value pair fields.
SIC	Receives record in the SIC Bank Clearing Master Data file published by the SIX Interbank Clearing	Weekly	BIC SIC number Payment channel Name of participant City Country Scheme Reachability type Status Start date End date Effective date NOTE: Other clearing specific details are loaded to clearing specific context name or value pair field.
STEP2			BIC Channel Name of participant Scheme Reachability type Settlement BIC Status Start date Intermediary institution BIC (if available) End date Effective date Admission profile AOS
EBAINST			BIC Channel Name of participant Scheme Reachability type Settlement BIC Status Start date Intermediary institution BIC (if available) End date Effective date Admission profile AOS
TIPSRTF (EBA RT1)	Receives TIPS RTF published by RT1 clearing		BIC Channel Name of participant Scheme Reachability type Settlement BIC Status Start date Intermediary institution BIC (if available) End date Effective date AOS
TARGET2			BIC Payment channel NCC Modification flag Name of institution City Scheme Reachability type Intermediary institution BIC (if available) Settlement BIC Start date End date Effective date Payment date is less than the end date
EISCD	Local clearing details of UK (FPS, CHAPS, CNCC, BACS) are loaded to the system from the EISCD Clearing Directory file, which is distributed by Vocalink Limited	Weekly or Monthly	BIC Payment channel NCC Name of participant City Country Scheme Reachability type Intermediary institution BIC (only applicable for CHAPS) Intermediary NCC (applicable for BACS and CNCC) Status Start date End date Effective date NOTE: Other clearing-specific details are loaded to clearing specific context name or value pair field.
HKFPS	HKFPS Participant Subscription CSV Data File is distributed by HKFPS to all payment participants of HKFPS as a ‘full file’		NCC Payment channel Scheme Institution name Reachability type Currency Status Effective date Start date End date NOTE: Other clearing specific details are loaded to clearing-specific context name and value pair fields.
BECS Direct Entry	BSB upload file is distributed to all payment participants of BECS every month as a ‘full file’ or ‘delta file’ in CSV format.		NCC BIC Modification flag Payment channel Institution name City Status Effective date Start date Reachability type NOTE: Other clearing-specific details are loaded to clearing-specific context name and value pair fields.
SYGMA	The clearing directory file of SYGMA is circulated by the BEAC as a full file in XML format.		BIC Scheme Payment Channel Start date End date Effective date Country Institution Name NOTE: Other clearing-specific details are loaded to clearing-specific context name and value pair fields.
SYSTAC	The clearing directory file of SYSTAC is circulated by the BEAC 'txt' format.		NCC Institution Name Country Payment Channel Scheme City Start Date End Date Effective Date NOTE: Other clearing-specific details are loaded to clearing-specific context name and value pair fields.
VIBER	Receives the record in the GVT file published by the GIRO	Monthly	BIC Payment channel NCC Institution name Scheme Reachability type Intermediary institution BIC Status Start date End date Effective date VIBER reachability
IG2	Receives record in the GVT file published by the GIRO	Monthly	BIC Payment channel NCC Institution name Scheme Reachability type Intermediary institution BIC Status Start date End date Effective date
RPS SEPA Clearer (RPSSCL)	German Bundesbank publishes the records	Weekly	BIC Payment channel Name of the participant Modification flag Country Scheme Reachability type Intermediary institution (if available) Start date End date Effective date Status NOTE: Other clearing-specific details are loaded to clearing-specific context name or value pair field.
SIBTEL	The clearing directory file of SIBTEL is circulated by SIBTEL in ‘.txt’ format		NCC Institution name Payment channel Start date End date Effective date
SLIPS	The clearing directory file of SLIPS is circulated by Lanka Clearing in ‘.csv’ format	Irregular intervals	Payment channel NCC Institution name Start date End date Effective date Status NOTE: Other clearing-specific details are loaded to clearing-specific context name or value pair field.
TIPS	The clearing directory file of TARGET Instant Payment Settlement (TIPS) is circulated by CRDM of TARGET services in ‘.xml’ format The name of the flat file that contains the TIPS directory should be in the following format: TIPSDIRTTTTYYYYMMDD, where TTTT is the type. For example, FULL for the full version and DLTA for the delta version. YYYYMMDD specifies the year, month, and date as of which the TIPS directory is valid.	Daily	Modification flag Payment channel BIC Institution name Scheme Reachability type Intermediary institution BIC Settlement BIC Status Start date End date Upload date Effective date Upload file name Maximum Amount

Reachability Check

TPH performs reachability check only for outgoing payments. The system performs a validation to check if the beneficiary bank can participate in a specific clearing directly or through an indirect participant.

The reachability API refers to the records stored in the clearing directory table using the reachability key (user configured) to perform reachability check. If a valid record for the BIC or NCC is not found, TPH routes the payment to the Repair queue for user action.

Reachability check is performed in TPH (for every clearing) or Payment Order (for each product), if configured. A participant bank is considered reachable only when a valid record exists in the directory for the specific BIC or NCC for the defined set of parameters.

Reachability	Condition
HCTINST	National Clearing Code (NCC) Channel = HCTINST Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date Status = ENABLED
EQUENS	Bank Identifier Code (BIC) Scheme = CT-INST, CT- INSTTC01 or CT- INSTNT01 Channel = EWINST Status = ENABLED Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date
SIC	BIC or NCC (SIC number) − If both BIC and NCC is available, BIC is used to perform reachability check Branch ID of bank (used together with BIC or SIC number) Scheme = CT Payment Channel = SIC Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date Status = ENABLED
STEP2	BIC Payment Channel = STEP2 SCHEME= SCT, SDDB2B or SDDCORE Status = ENABLED or R-Only Payment date is greater than the start and effective date Payment date is less than the end date
EBAINST	BIC Payment Channel = EBAINST SCHEME= SCI Status = ENABLED or R-Only Payment date is greater than the start and effective date Payment date is less than the end date AOS List not equal to TEC (only for Credit transfer payments)
TARGET2	BIC Scheme = CT Payment Channel = TARGET2 Payment date is greater than the start and effective date Status = ENABLED
TIPS	BIC Scheme = CT Payment Channel = TIPS Payment date is greater than the start and effective date Payment amount is less than or equal to EUR 100,000.00 Status = ENABLED
CHAPS	BIC or NCC Scheme = *, DD or CT Payment Channel = STG End date of the record is either blank or greater than the payment execution date Bank Office Indicator = M or L Status is not equal to N
CNCC	BIC or NCC Scheme = *, CT or DD Payment Channel = CNCC End date of the record is either blank or greater than the payment execution date Bank Office Indicator = M or L Status is not equal to N
FPS	BIC or NCC Scheme = *, CT or DD Payment Channel = FPS End date of the record is either blank or greater than the payment execution date Bank Office Indicator = M or L Status is not equal to N
BACS	BIC or NCC Scheme = *, CT or DD Payment Channel = BACS End date of the record is either blank or greater than the payment execution date Bank Office Indicator = M or L Status is not equal to N Transaction Type = 01, 07, 17, 18, 19, 99, 13, Z4, Z5 or blank Does not have disallowed entry
UK BACS AUDDIS Check (If BACS and Electronic Mandate Check is set to Y)	BIC or NCC Channel = BACS Status not equal to N Bank Office Type Indicator = M or L Scheme = CT or DD Transaction Type = 01, 07, 17, 18, 19, 99, 13, Z4, Z5 or blank Allows Direct Debit (DR) service DDI Voucher Flag is not equal to Y
HKFPS	NCC Scheme = CT-PAYC01 or CT-PAYC02 Payment Channel = HKFPSINST Payment Currency Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date Status = ENABLED
BECS Direct Entry	NCC Payment Channel = BECS Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date Status = ENABLED
SYGMA	BIC Payment Channel = SYGMA Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date Status = ENABLED
SYSTAC	Bank Code (National Clearing Code) Payment Channel = SYSTAC Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date Status = ENABLED
VIBER	Reachability check is performed for both sending bank and receiving bank. Sending Bank NCC Payment channel = HUF Status = ENABLED VIBER reachability = S or B Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date Receiving Bank NCC Payment channel = HUF Status = ENABLED VIBER reachability = R or B Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date
IG2	NCC Payment channel = IG2 Status = ENABLED Payment date is greater than or equal to the start and effective date Payment date is less than or equal to the end date
RPSSCL	BIC Scheme = SCT, SDDcore, SDDcoreR-Txonly or SDDb2bR-Txonly Payment Channel = RPSSCL Status = ENABLED Payment date (current date) is greater than or equal to the start and effective date Payment date (current date) is lesser than or equal to the end date (if available)

License Codes

TPH performs clearing directory upload and reachability check for the following clearings:

Clearing	License Code
EISCD UK Clearing Directory (BACS, FPS,CHAPS, CNCC)	CAIEIS
HCTINST Directory Upload (Feature)	CAIHCT
EQUENS Instant Directory Upload (Feature)	CAINCT
SIC Directory Upload (Feature)	CAISIC
HKFPS Directory Upload	CAHINS
BECS Direct Entry Directory Upload	CAAUST
SYGMA Clearing Directory	CASYGM
SYSTAC Clearing Directory	CASYTC
VIBER Directory Upload	CAIHCT
IG2 Directory Upload	CAIHCT
RPSSCL	CARPSS
SIBTEL	CATNCL
SLIPS Directory Upload	CALKCL
TIPS Directory Upload	CAITIP

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