Hi all, I have a query regarding tuition fee payment from India SBI account through fx out, I need to pay to ROYAL BANK OF CANADA, I did my payment on feb 28 and my fx rejected and again I paid on March 2nd again it was rejected, below they gave a Narration for rejection saying that,
In transactions in CAD for ROYCATT, CIBCATT and NOSCATT with 7 digit beneficiary account, foreign banks ask for 12 digit beneficiary account no. Please contact remitter and advise them to re-confirm 7digit account from beneficiary customer. If it is re-confirmed, please arrange to re-submit the transaction. If beneficiary bank rejects the transaction due to 7 digit account number, any loss or exchange differences due to such rejection, will be borne by remitter only.
Do I need to combine transit code and account number together inorder to get 12 digits account number?
please clarify my doubt regarding this.
thankyou in advance.
In transactions in CAD for ROYCATT, CIBCATT and NOSCATT with 7 digit beneficiary account, foreign banks ask for 12 digit beneficiary account no. Please contact remitter and advise them to re-confirm 7digit account from beneficiary customer. If it is re-confirmed, please arrange to re-submit the transaction. If beneficiary bank rejects the transaction due to 7 digit account number, any loss or exchange differences due to such rejection, will be borne by remitter only.
Do I need to combine transit code and account number together inorder to get 12 digits account number?
please clarify my doubt regarding this.
thankyou in advance.