Contents
1. Preface
1.1 Introduction
1.2 Audience
1.3 Documentation Accessibility
1.4 Organization
1.5 Related Documents
1.6 Glossary of Icons
2. Funds Transfer - An Overview
2.1 Introduction
2.2 Funds Transfer - An Introduction
2.2.1 Media Supported
3. Defining Attributes of FT Product
3.1 Introduction
3.2 Funds Transfer Product
3.3 Preferences for Product
3.3.1 Specifying Preferences for Product
3.3.2 Specifying Message Related Details for Product
3.3.3 Processing Back Values Payment Messages for Outgoing FT Contracts
3.3.4 Specifying Payment Related Preferences
3.3.5 Specifying Rate Related Details for Product
3.3.6 After Rate Refresh
3.3.7 Specifying Clearing Related Details for Product
3.3.8 Specifying Instrument Related Details
3.3.9 Specifying Contract Authorization Details for Product
3.3.10 Specifying Other Preferences for Product
3.3.11 Maintaining Product Event Accounting Entries for Outgoing Funds Transfer
3.3.12 Processing Split Dr/Cr Liquidation for FT Contracts
3.3.13 Batch Processing of FT Contracts
3.3.14 Applying Currency Cut-off Checks on Transactions Involving Product
3.3.15 Specifying Rate Variance
3.3.16 Specifying Back Value Date Preferences for Funds Transfer Transactions
4. Maintenance Required for Processing FTs
4.1 Introduction
4.2 Value Date Spreads
4.2.1 Maintaining Value Date Spreads
4.2.2 Maintaining Clearing Network Details
4.3 National Clearing Codes
4.3.1 Maintaining National Clearing Codes
4.3.2 Maintaining Network Details
4.3.3 Maintaining Clearing Codes for Individual Banks
4.3.4 Uploading Clearing Codes
4.3.5 Maintaining Clearing Code Exclusion List
4.4 Blacklisted BIC Codes
4.5 RTGS Directory
4.5.1 Maintaining RTGS Directory
4.5.2 RTGS Directory Upload
4.6 Branch Parameters for Funds Transfer
4.6.1 Maintaining Branch Parameters for Funds Transfer
4.6.2 Maintaining Currency and Transaction Amount Agreements for MT102 and MT102+
5. Processing Funds Transfer
5.1 Introduction
5.2 Entering Details of Funds Transfer
5.3 Specifying FT Contract Details
5.4 Description of FT Contract Details Screen
5.4.1 Body of Screen
5.5 Funds Transfer
5.5.1 Processing Funds Transfer
5.5.2 Specifying Details for Debit Leg of Transfer
5.5.3 Specifying Details for Credit Leg of Transfer
5.5.4 Specifying Party Details
5.5.5 Capturing Additional Details
5.5.6 Note on Rate Pickup and Message Generation
5.5.7 Limit Amounts for Cross Currency Transactions for Default of Exchange Rates
5.5.8 How Limits are applied when Transaction is Entered
5.5.9 Exchange Rate for Cross Currency Transactions
5.5.10 Internal Remarks
5.5.11 Capturing Payment Details
5.5.12 Specifying Upload Details
5.6 Viewing Settlement Route of Transfer
5.6.1 FT Fields and Information Flow
5.7 Viewing Details of Transfer Events
5.7.1 Viewing Accounting Entries that are Passed
5.8 Specifying Advices for Transfer
5.9 Selecting User Defined Fields
5.10 Generating Charge Claim Advice
5.11 Specifying Customer Cover Details
5.12 Viewing OFAC Check Response
5.13 Capturing MIS Details
5.14 Viewing Change Log
5.15 Specifying Settlement Details
5.16 Viewing All Messages
5.17 Specifying Project Details
5.18 Viewing Duplication details
5.19 Generation of MT 210 for Funds Transfer Contract
5.20 Generation of MT900 and 910
5.21 Checks for Generation of MT103+ Messages
5.22 Currency Cut-off Checks for Funds Transfer Transaction
5.22.1 Exceptions for Currency Cut-off Checks
5.23 Funds Transfers with Blacklisted BIC Codes
5.23.1 Funds Transfer Transactions with Blacklisted BIC Codes
5.23.2 Authorizing Funds Transfer Transaction with Blacklisted BIC Codes
5.23.3 Processing Uploaded Payment Transactions with Blacklisted BIC Codes
5.24 Operations that you can perform on contracts
5.25 View Different Versions of Contract
5.25.1 Verifying and Authorizing Funds Transfer Transaction
5.25.2 Viewing Transaction to be Authorized
5.25.3 Specifying Details in Rekey Fields
5.25.4 Verifying Transaction
5.25.5 Rejecting Transaction
5.25.6 Amending Transaction that has ‘failed verification’
5.25.7 Deleting Transaction that has ‘failed verification’
5.25.8 Authorizing Verified Transaction
5.26 Multi-level Authorization of a Contract
5.27 Transaction Queues (Transaction Status) Management
5.28 Summary Dash Board for Funds Transfer Transactions
5.29 Examples on how to Enter Details of FT Contracts
5.29.1 Outgoing Customer Transfer
5.29.2 Outgoing Bank Transfer for Own Account
5.30 Authorize Bulk FT Contracts
5.30.1 Authorizing Bulk FT Contracts
5.30.2 Indicating Ignore Overrides
5.30.3 Indicating Generate Messages
5.30.4 Authorizing Contracts
5.30.5 Viewing Errors
5.30.6 Viewing Settlement Details
5.30.7 Viewing Contract Details
5.31 Maintaining MT101 Agreements with Ordering Customer
5.32 MT101 Transaction Input Screen
5.32.1 Viewing FT Contract
6. Automatic Processes
6.1 Introduction
6.2 Autobook Function
6.3 Update Rate
6.3.1 Rate Update Function
6.3.2 Invoking Rate Update Function
6.3.3 Processing Contract with Rate Update
6.4 Referral Queue
6.4.1 Referral Queue Function
6.4.2 Invoking Referral Queue Function
6.4.3 Processing Contract with Referral Queue Function
6.5 Notifying Reversal of Payment
6.6 Notifications for Split Events
7. Batch Upload Function
7.1 Introduction
7.2 Upload Sources
7.2.1 Maintaining Upload Sources
7.2.2 Deleting Uploaded Contract
7.3 Amending Uploaded Contract
7.4 Reversing Uploaded Contract
7.5 Automatic Upload of MT 103 and MT 202 S.W.I.F.T Messages
7.6 Contracts through STP Function
7.6.1 Uploading Contracts through STP Function
7.6.2 FT Upload Tables (Gateway Tables)
7.6.3 Structure of FT Upload (Gateway) Tables
7.7 Uploading Contracts through Upload Master Screen
7.8 Upload of Incoming SWIFT Payment Messages
7.9 Single Debit Multiple Credit (SDMC) for Bulk Payments
7.9.1 Processing Single Debit Multiple Credit (SDMC) for Bulk Payments
7.9.2 Upload Process
7.9.3 Liquidation Process
7.9.4 Reversing a Liquidated Contract
8. Straight through Processing - An Overview
8.1 Introduction
9. Maintenance for Straight through Processing
9.1 Introduction
9.1.1 Maintaining Funds Transfer Products
9.1.2 Maintaining Settlement Instructions
9.1.3 BIC Directory
9.1.4 Messaging Maintenance
9.1.5 Mapping Message Types to Products and Queues
9.1.6 D to A Converter Records Maintenance
9.1.7 STP Rule Maintenance
9.1.8 Specifying Branch Details
9.1.9 Indicating ‘Pending Cover Match’
9.1.10 Selecting ‘Suppress Message’ Option
9.1.11 Maintenance Related to Upload Source
9.1.12 Maintaining Branch-Level STP Preferences
9.1.13 External Account Maintenance
9.1.14 Overrides Maintenance
10. Straight through Processing – Sequence of Events
10.1 Introduction
10.2 Incoming Message Browser
10.3 Message Upload Function
10.3.1 Automatic Execution of Message Upload Function
10.4 Interpreting Contents of Incoming Message
10.4.1 D to A Conversion
10.4.2 Derivation of Debit and Credit Accounts
10.4.3 Processing ISO 11649 in Field 70
10.4.4 Processing of Field 72
10.4.5 Processing of ‘BNF’ in Field 72
10.4.6 Derivation of FT Product
10.4.7 Build-up of FT Upload Transaction Record
10.5 Validations Performed on Incoming SWIFT Message
10.5.1 Validations for Back Value Days
10.5.2 Validation of Local Clearing Codes
10.5.3 Available Balance Check
10.5.4 Currency Cut-off Checks
10.5.5 Processing Uploaded Future Valued Payment Message Transaction
10.5.6 Exchange Rates Default for Cross-Currency STP Transactions
10.5.7 Checking for Blocked BIC Codes
10.5.8 Validating Transfer Currency and Account Currency
10.5.9 Validating Credit Card Payments
10.6 Cover Matching
10.6.1 Detection of Messages for ‘Pending Cover’ Status
10.6.2 Matching Payment Message with its Cover
10.7 Payment Cover (MT 202) Generation Rules
10.7.1 Incoming MT 202
10.8 FT Upload Process
10.9 Operations on Incoming Message
10.9.1 Handling Exceptions in STP Process (Repair of Messages)
10.9.2 Suppression of Incoming SWIFT Payment Messages
10.9.3 Verifying and Authorizing an Incoming SWIFT Payment Message
10.10 Payment Transaction Status Management
10.11 Payments Summary Dash Board
10.12 Examples of STP
10.12.1 Maintenance (assumed for illustration purposes)
10.12.2 FT Products
10.12.3 BIC codes
10.12.4 Settlement Instructions
10.12.5 Other maintenance
10.12.6 Incoming Message
10.12.7 Interpretation of Message
10.13 Example 2: Incoming Transfer
10.14 Example 3: Outgoing Customer Transfer
10.15 Example 4: Outgoing Customer Transfer with Cover
10.16 Example 5: Outgoing Bank Transfer
10.17 Viewing Funds Transfer Multi Customer Summary
11. Processing of Non SWIFT Incoming Payment Messages
11.1 Introduction
11.2 Common Payment Gateway Message Parameters
11.2.1 Maintaining Common Payment Gateway Message Parameters
11.2.2 Maintaining Common Payment Gateway Messages
11.2.3 Viewing Payment Gateway Browser
11.2.4 Viewing ‘Main’ Tab Details
11.2.5 Viewing Settlement Details
11.2.6 Viewing ‘Additional’ Tab Details
11.2.7 Viewing ‘Other Details’ Tab
11.2.8 Maintaining ‘Other Details1’ Tab
11.2.9 Viewing Incoming File Details
12. Annexure A - Accounting Entries and Advices for FTs
12.1 Introduction
12.2 Accounting Entries for FTs
12.3 FT Events
12.4 Advice Tags
12.4.1 CHARGE_CLAIM
12.4.2 DEBIT_ADVICE
12.4.3 PAYMENT_MESSAGE
12.4.4 RECEIVE_NOTICE
12.4.5 STOP_PMNT
12.4.6 CREDIT_ADVICE
12.5 Amount Tags
12.6 Accounting Roles
12.7 Advices for FT
12.7.1 FT Messages
12.7.2 Other Messages
13. Annexure B - Derivation of Debit and Credit Accounts for STP
13.1 Introduction
13.1.1 Derivation of Debit Account (MT 100/103)
13.1.2 Derivation of Credit Account (MT 100/103)
13.1.3 Derivation of Debit Account (MT 200)
13.1.4 Derivation of Credit Account (MT 200)
13.1.5 Derivation of Debit Account (MT 202)
13.1.6 Derivation of Credit Account (MT 202)
13.1.7 Checks for Derived Account
14. Glossary
14.1 List of Important Terms
15. Reports
15.1 Introduction
15.2 FT Daily Activity Journal
15.2.1 Contents of the Report
15.3 FT Contract Report
15.3.1 Selection Options
15.3.2 Contents of the Report
15.4 Remittance Received Report
15.4.1 Contents of the Report
16. Function ID Glossary