Generic Wires ISO Outbound Transaction processes outbound payment transactions in ISO format using the Generic Wires module, enabling seamless domestic and cross-border fund transfers.

The Generic Wires ISO Outbound Transaction in Oracle Banking Payments supports the following payments:

• SWIFT CBPRPlus Outbound Transaction
  SWIFT CBPRPlus Outbound Transaction handles outbound payments formatted as per SWIFT Cross-Border Payments and Reporting Plus (CBPR+) ISO guidelines, ensuring enriched and standardized message exchange.
• TARGET2 Outbound Transaction
  In Oracle Banking Payments (OBPM), TARGET2 outbound transaction refers to a payment instruction sent from a financial institution to the TARGET2 system for settlement.
• Outbound Transaction Processing
  Outbound Transaction Processing in Oracle Banking Payments (OBPM) refers to the workflow, validation, routing, and execution of payment transactions that are initiated within the bank and transmitted to external entities such as other banks, clearing systems, or payment networks.