The rule in plain words
Total must be reported.
EBA checks it for eight columns: number of credit transfers (0010), instant credit transfers (0020), value of credit transfers (0030), instant credit transfers (0040), number of credit transfers (0050), instant credit transfers (0060), value of credit transfers (0070) and instant credit transfers (0080). That makes eight checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.
Number of credit transfers: Total is reported
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Report a value in this cell. A 0 counts as reported; a cell left out of the file does not.
- 03It runs only when your filing indicators mark S 01.02 as reported.
- 04This is a warning. It does not stop the filing on its own, but your authority may ask you to explain it.
The cells it reads
S 01.02 - number and value of credit transfers and instant credit transfers (euro) (S 01.02)
Row
- 0010Total
Columns
- 0010Number of credit transfers
- 0020of which: instant credit transfers
- 0030Value of credit transfers
- 0040of which: instant credit transfers
- 0050Number of credit transfers
- 0060of which: instant credit transfers
- 0070Value of credit transfers
- 0080of which: instant credit transfers
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
not(empty({S_01.02,r0010,c0010,}))The next five:
not(empty({S_01.02,r0010,c0020,}))not(empty({S_01.02,r0010,c0060,}))not(empty({S_01.02,r0010,c0040,}))not(empty({S_01.02,r0010,c0080,}))not(empty({S_01.02,r0010,c0050,}))And 2 more, the same formula for the other cells it covers.
Other rules on S 01.02
- Credit transfers sent: the absolute value of value of credit transfers cannot be less than the absolute value of instant credit transfers (v89174_h)Warning
- Credit transfers received: the absolute value of value of credit transfers cannot be less than the absolute value of instant credit transfers (v89175_h)Warning
- Credit transfers sent: the absolute value of number of credit transfers cannot be less than the absolute value of instant credit transfers (v89176_h)Warning
- Credit transfers received: the absolute value of number of credit transfers cannot be less than the absolute value of instant credit transfers (v89177_h)Warning
- Total cannot be negative (v89067_s)Warning
Every SEPA IPR rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.