Customers with accounts in UAE: ACH Credit enhancements
Further to our communications sent in February and March 2015 with regards to the above, please note that the changes to ACH credit screens and payment file formats are now being implemented effective 17 May 2015. The new screens capture Purpose of Payment information and additional details for pension payments. The enhanced screens are much more user friendly and follow the current payment processing workflow for easy transition.
To launch the new ACH payment ‘Create’ screen from ‘Create Payment Instruction’, select “ACH Credits” as the ‘Payment type’ and the appropriate ‘Debit/credit account’.
When ‘Create payment instruction’ is selected, the ‘Create new ACH Credit payments’ screen will be launched in a new window.
Several labels on the ‘Create new ACH Payment’ screen have been changed to ensure payment instruction information is easier to complete and more accurate.
| Changes to existing labels |
Beneficiary ID |
Existing Second Party ID label is being changed to Beneficiary ID |
Beneficiary name |
Existing Second party Name label is being changed to Beneficiary Name and will accept up to 35 characters. |
Beneficiary bank identifier |
Existing Bank number label is being changed to Beneficiary bank code.
Please provide 985110101 as Bank Identifier for your pension payments
|
Beneficiary IBAN |
Existing Branch and account number or IBAN label is being changed to Beneficiary IBAN)
Please provide the employee account with GPSSA for your pension payments
|
Beneficiary reference |
Existing Reference field label is being changed to Beneficiary Reference and will accept up to 35 characters |
| New fields |
Remittance information |
This field can be used to provide details of the payment and will accept up to 140 characters
Please provide “Remittance Information” in the below format for your pension payments:
Format for Pension Contribution Payment:
GPSSAEMPLOYEEID12345/EMPLOYERID123/S/MMYYYY/B0000000.00/
H0000000.00/S0000000.00/C0000000.00/L0000000.00/O0000000.00/
T0000000.00
Format for Pension Adjustment Payment:
ADJSTEMPLOYEEID12345/EMPLOYERID123/S/MMYYYY/B0000000.00/
H0000000.00/S0000000.00/C0000000.00/L0000000.00/O0000000.00/
T0000000.00
Where,
- GPSSA is a static key word to be used for Pension contribution payments
- ADJST is a static key word to be used for Pension Adjustment payments
- EMPLOYEEIDXXXXX is the 15 characters Employee ID of the UAE National
- EMPLOYERIDXXX is the 13 characters Employer ID as provided by GPSSA
- S is the type of employer. This must be ‘R’ for Private and ‘U’ for Public
- MMYYYY is the month and year
- B0000000.00 is the Basic Amount prefixed with fixed letter ‘B’
- H0000000.00 is the Housing Allowance prefixed with fixed letter ‘H’
- S0000000.00 is the Social Allowance prefixed with fixed letter ‘S’
- C0000000.00 is the Child Allowance prefixed with fixed letter ‘C’
- L0000000.00 is the Cost of Living Allowance prefixed with fixed letter ‘L’
- O0000000.00 is the Other/ Supplementary Allowance prefixed with fixed letter ‘O’
- T0000000.00 is the Total Monthly Salary inclusive of all allowances prefixed with fixed letter ‘T’
All above amounts must be 7 digits and 2 decimals. You must provide amounts padded with zeroes (e.g. B0000250.00)
Please note: that pension payments, adjustment payments and other ACH Credit payments should not be mixed in a single batch to avoid payment rejections.
|
Purpose of Payment |
Purpose codes can be selected from a drop down list with detailed information on the selected code available via the Code details button
Please provide ‘PEN’ as Purpose of Payment for your pension payments
Please note: Purpose of payment field will be mandatory for all ACH Credit payments and you are requested to select appropriate purpose code.
|
The look and feel for the ‘Review’, ‘Acknowledgement’, ‘Authorisation Summary’, ‘Authorisation’ and ‘Partial Authorisation’ screens have also been updated but previous functionality remains intact.
Please note that after 17 May, 2015, when attempting to repair existing payment instructions initially created using general templates the instruction will be displayed using the new input screen and the new fields will be editable. For restricted templates, the new fields will also be visible but non-editable. You will need to change the template to add the required information to the new fields or create a new instruction template.
If authorising existing payments created prior to the effective dates, HSBCnet will automatically send the instruction to ‘pending repair’ status changing it to the new input screen from which the required new fields will need to be populated.
Forward dated payment instructions cannot be modified. If details need to be changed, the instruction will need to be cancelled and recreated. |
