4 Generic Wires ISO Inbound Transaction
Refers to an incoming wire payment that arrives in a standardized ISO format, making it easier for organizations to automatically read, process, and reconcile payment instructions as part of their financial systems.
This topic contains the following sub-topics:
- SWIFT CBPRPlus Inbound Transaction
A SWIFT CBPRPlus Inbound Transaction is an incoming payment or reporting message typically using ISO 20022 XML format received over the SWIFT network, and designed to comply with CBPR+ standards for enhanced data quality and streamlined processing of cross-border payments. - TARGET2 Inbound Transaction
In Oracle Banking Payments (OBPM), RTGS ISO inbound transaction refers to a payment instruction received by a financial institution from an external Real-Time Gross Settlement (RTGS) system in ISO 20022 format for settlement. - Inbound Transaction Processing
Inbound Transaction Processing refers to the receipt, validation, and posting of payment transactions that originate from external entities, such as other banks, clearing systems, or payment networks, and are credited to accounts within the bank.