5.2.4 D to A Conversion

This topic explains the D to A Conversion details. The system converts party details (Name and Address) to BICFI based on the D to A Converter maintenance (PMDDAMNT) screen.

If the parties or agents in the transaction are detailed using name and address, then system checks if there is a match for the name and address provided in the transaction with the data maintained in the D to A Converter Maintenance. If a match is found, then the system resolves the appropriate BIC code and replaces the name and address in the message with the BIC Code.

The D to A conversion is applied on the following fields:
  • Instructing Reimbursement Agent
  • Instructed Reimbursement Agent
  • Third Reimbursement Agent
  • Intermediary Agent 1
  • Creditor Agent

Address Line 1, Address Line 2, and Address Line 3 is checked against the data maintained in the D to A Converter Maintenance. If a match is found, then the system resolves the appropriate BIC code and replaces the name and address in the message with the BIC Code.