DMBM220140 - cottish Sharefisherman(SSF): Check requested transfers

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Background

DMB Banking receive from Worthing Data Centre<ul><li class="filledcircle">the magnetic tape for update of the SSF SA customer records</li><li class="filledcircle">an extraction list which details the amounts on the tape.</li></ul>BACS sends DMB Banking a BACS INPUT REPORT once the file transmitted there by Worthing has been processed.The extraction list total and BACS INPUT REPORT total are agreed with the total on the copy bank list. Once agreement has been reached the magnetic tape for update of the SSF customer records in SA is released for processing.To check the transfer of money requested from SSF accounts follow the steps below.<ol type="1" start="1"><li>Obtain the</li></ol><blockquote class="noquotes"><p><ul><li class="filledcircle">extraction list (which details the amounts on the magnetic tape) from Worthing </li><li class="filledcircle">BACS INPUT REPORT from BACS</li><li class="filledcircle">copy of the bank list the original of which was sent to Worthing </li></ul></blockquote><ol type="1" start="2"><li>Agree the Extraction list total and BACS INPUT REPORT total with the total on the copy bank list

</li><li>Take the action described to resolve a discrepancy between the extraction list total and the bank list where totals disagree

</li><li>Decide on the action to take where BACS reject any item on the tape from Worthing

</li><li>Release the magnetic tape to update the SSF SA customer records once any item causing a discrepancy has been identified and agreement has been reached</li></ol>