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Outbound or Inbound Authorisation

Vinay Rawal answered on March 9, 2023 Popularity 1/10 Helpfulness 1/10

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  • When a user creates an NACL it automatically devices all inbound and outbound until the user adds the rules.

  • Outbound or Inbound Authorisation

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    This type is used to put funds on hold, another term being to ring fenced funds in an account. These funds

    are expected to be later settled or released. It does this by moving funds from an account balance’s pending phase to the rec ipi ent account

    balance’s pending phase. Depending on whether it is an Outbound or Inbound Posting Type this will be using the Pending Outgoi ng or Pending

    Incoming phase. 

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    Contributed on Mar 09 2023
    Vinay Rawal
    0 Answers  Avg Quality 2/10


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