3.3.27 Cover via RTGS Network

• System derived cover network as RTGS FIN or Fedwire or TARGET2 ISO based on the rules defined in the Cross Border to RTGS rule maintenance (PMDXRRLE)
• System generates the message as per the cover network derived.

Note:

In case MT103 is sent via Cover method and the cover message via RTGS FIN, then the Field 54 Receiver Correspondent of MT103 is populated with the Receiver of Cover and the Field 53 Sender’s Correspondent will not be populated when only one correspondent is present.