The rule in plain words
None of the values it checks in S_04.02: transactions per day: average_EU can be negative.
EBA checks it for two columns: number and amount. And for four rows: transactions per day - average, transactions per day - average made within the EU, received transaction to the EU and sent transaction from the EU. 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.
Amount: of which made within the EU >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark Q 04.02 as reported.
- 05This 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_04.02: transactions per day - average_EU (Q 04.02)
Rows
- 0010Transactions per day - average
- 0020of which made within the EU
- 0030of which received transaction to the EU
- 0040of which sent transaction from the EU
Columns
- 0010Number
- 0020Amount
A worked example
The first of its checks, with simple numbers.
Transactions per day - average made within the EU, amount must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
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}.
{Q_04.02,r0020,c0020,} >= 0The next five:
{Q_04.02,r0020,c0010,} >= 0{Q_04.02,r0040,c0020,} >= 0{Q_04.02,r0010,c0020,} >= 0{Q_04.02,r0030,c0020,} >= 0{Q_04.02,r0030,c0010,} >= 0And 2 more, the same formula for the other cells it covers.
Checks like this one, run at the point of submission, are the first step to real-time supervision.
