Formal title: Alterations to FAA Documentation to meet four BSC requirements
Alterations to FAA Documentation to meet four BSC requirements. 1. Amend the NETA Data File Catalogue and FAA IDD Part 1 to state that Bank Reports/Payment Instructions are sent to Collection Banks and the BSC Clearer. 2. Modify FAA-R011 to reference Postponed Payments as detailed in the Code N 6. 6. 1 b and section 7. 5 of the FAA Service Description. 3. Update FAA-R012 and FAA Service Description section 8. 1. 2 to reflect requirements in Code N 7. 1. 2 (a) & (b) that describe the details which should be contained in Advice Notes. 4. FAA-R046 should state that the Confirmation Notice for Payment Day “A” will be sent on day “A+2 WDs”.
This CP was implemented