Payment Reference Standards (PRS) project

The Payment Reference Standards (PRS) project aims to capture the PRS information (Sender’s Name, Recipient’s Name, Recipient Reference, Payment Description) to meet MyClear PRS requirements. The project is divided into 3 releases.

The first release involves the capturing of PRS information for IBG Inward transactions into Recipient accounts, which the information will be available at the Teller’s online history & statement, customer statements, Internet Banking e-statement & account history and EDW MIS extraction.

The second release involves the capturing of PRS information for third party transactions (within the Bank) into Recipient accounts while in the third release, PRS information are captured in the Sender’s account, for availability in the Sender’s statement.  

Aristal PMO team has been engaged to project manage the above implementation and has successfully implemented the project.

ARISTAL SOLUTIONS SDN BHD
C3-6-8 & C3-6-9 Solaris Dutamas, Jalan Dutamas 1, 50480 Kuala Lumpur, Malaysia

T : 603 6211 7574

F : 603 6211 7584

COPYRIGHT 2022 ARISTAL SOLUTIONS SDN. BHD. ALL RIGHTS RESERVED.

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