The following information is used to determine which financial instruction line items are to be rolled up into a financial instruction:
- Financial instruction line items of the same category can get
rolled up into the same financial instruction. For example, when
taxes are applied to a benefit, both the benefit instruction line
item and the tax instruction line item will have the same category
of benefit so that the related instruction line items can be rolled
up and processed together.
- A financial instruction is issued to a single nominee;
therefore, all instruction line items must share the same
nominee.
- In order to be able to process a financial instruction, all
instruction line items must have the same delivery method and
currency.
- The financial instruction line item cover period is used to
determine which financial instruction line items are ready to be
processed at the same time and thus can be rolled up into one
financial instruction.
- Each financial instruction line item has an amount which is
either a credit or a debit and this amount is used to calculate the
overall value of a financial instruction. For example, a payment
instruction which includes a payment for $100 and a tax deduction of
$10 would have a payment amount of $90.