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.
The technician processes 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 India Rupee) A12B0 (the 5-character alphanumeric bank code), 25CT35 (the 6-character alphanumeric branch code), and 67890 (the first 5 digits of the account number
The coding in POS will reflect the following information:
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DIRECT DEPOSIT ROUTING TRANSIT NUMBER: 660000000 ACCOUNT TYPE (C/S): S
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DEPOSITOR ACCOUNT NUMBER: IA12B025CT3567890
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CANCEL DIRECT DEPOSIT (Y):
-
The MBR will reflect the following information:
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.
The technician processes 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 India Rupee), A12B0 (the 5-character alphanumeric bank code), 25CT35 (the 6-character alphanumeric branch code), and the first 5 digits of the account
number of 6789012345.
You need to enter the bank information into ITS.gov on the same business day since
the account number is over 5 digits long.
The coding in POS will reflect:
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DIRECT DEPOSIT ROUTING TRANSIT NUMBER: 660000000 ACCOUNT TYPE: (C/S): C
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DEPOSITOR ACCOUNT NUMBER: 1A12B025CT3567890
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CANCEL DIRECT DEPOSIT (Y):
-
The MBR will reflect the following information: