1. Settlements User Guide
  2. Settlements Service
  3. Settlement Preferences
  4. Capture Receive Notice Details

1.2.5 Capture Receive Notice Details

Depending on the route funds take when you receive (incoming) payments, you can maintain Intermediary and Beneficiary Institutions in the Receive Notices section of the Settlements Instructions Maintenance screen.
Specify the User ID and Password, and login to Homepage

To capture details of Receive Notice

From the Homepage, navigate to Settlement Instructions Maintenance screen.

  1. In the Settlement Instructions Maintenance screen, click Receive Notice tab.
    The Receive Notice details are displayed.

    Figure 1-5 Receive Notice

    Description of Figure 1-5 follows
    Description of "Figure 1-5 Receive Notice"
  2. You can enter the following details in this tab. For information on fields, refer to the field description table.

    Table 1-5 Receive Notice

    Field Description
    Ordering Institution The ‘Ordering Institution’ in a payment refers to the financial institution of the customer. This field corresponds to field 52a of a SWIFT message.
    Ordering Customer The ‘Ordering Customer’ in a payment refers to the customer ordering the transaction. This field corresponds to field 50a of a SWIFT message.
    Intermediary The Intermediary in a contract refers to the financial institution, between the Receiver and the Account with Institution, through which the funds must pass. The Intermediary may be a branch or affiliate of the Receiver or the Account with Institution, or an entirely different financial institution. This field corresponds to field 56a of SWIFT.

Parent topic: Settlement Preferences