A reclaim is the return of a DO, PO, institutional delivery transaction or MMI transaction received by a Participant. All reclaims are considered original transactions for purposes of DTC processing and are subject to DTC’s risk management controls and RAD.
One critical function of ATP is Recycle Processing, also referred to as Pend Processing. DTC's recycle processor holds Participant transactions that cannot immediately complete. All transaction types recycle if they cannot immediately complete, except:
- Minimum amount (MA) to net additions (NA) moves (using Collateral Moves functions)
- Releases of collateral
- Memo segregations (using Memo Segregation functions)
- Segregations (using the Account Segregation Releases function)
- Transactions input with the "prevent pend" option (see below).
Note- These transactions will be dropped if they cannot complete when ATP performs its initial check.