Example 1
Three days before the cutoff, DIO receives a completed enrollment form for India for
a Rupee Savings Account. The IFSC is A12B025CT35 (bank code is A12B0 and branch code is 25CT35), and the account number is 67890.
You process the enrollment via POS, by completing the fields as follows:
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•
Account Type field of “S”, for savings account
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•
Dan of “I” (for Indian Rupee) A12B0 (the five-character alphanumeric bank code), 25CT35 (the six-character alphanumeric branch code), and 67890 (the first five digits of the account number
The coding in POS will reflect the following information:
DIRECT DEPOSIT ROUTING TRANSIT NUMBER: 660000000 ACCOUNT TYPE (C/S): S
DEPOSITOR ACCOUNT NUMBER: IA12B025CT3567890 CANCEL DIRECT DEPOSIT (Y):
DIRECT EXPRESS (Y):
The MBR will reflect the following information:
RTN-660000000 DAN-SIA12B025CT3567890
Since the MBR is able to house all of the bank info in this example, there is no need
to update ITS.gov. The information coded on the MBR will interface with ITS.gov.
Example 2
Three days before the cutoff, DIO receives a completed enrollment form for India for
a Rupee Checking Account. The bank is A12B0, the branch is 25CT35, and the account number is 6789012345.
You process the enrollment via POS by completing the fields as follows:
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•
Code the RTN with 660000000;
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•
The Account Type Field of “C”, for checking account; and
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•
The DAN of “I” (for Indian Rupee), A12B0 (the five-character alphanumeric bank code), 25CT35 (the six character alphanumeric branch code), and the first five digits of the account
number of 6789012345.
NOTE: You need to enter the bank information into ITS.gov on the same business day since
the account number is over five digits long.
The coding in POS will reflect:
DIRECT DEPOSIT ROUTING TRANSIT NUMBER: 660000000 ACCOUNT TYPE (C/S): C
DEPOSITOR ACCOUNT NUMBER: IA12B025CT3567890 CANCEL DIRECT DEPOSIT (Y):
DIRECT EXPRESS (Y):
The MBR will reflect the following information:
RTN-660000000 DAN-CIA12B025CT3567890