1.2 Settlement Preferences

This topic describes the settlement preferences.

Maintain the settlement preferences of a customer or a bank in the Settlement Instructions Maintenance screen. Indicating preferences for an entity means defining the settlement accounts and a detailed settlement route comprising the correspondent accounts and the intermediaries through which payment is to be routed. (The party information you can capture adheres to SWIFT standards).

This topic contains the following subtopics:

• Settlement Instructions Maintenance
  This topic describes the systematic instructions to view the Settlement Instructions Maintenance screen.
• Receiver Parties
  This topic describes the systematic instructions to view the Settlement Instructions Maintenance - Receive Parties screen.