6.2.2 Instructed Agent (Cover) Resolution
Instructed Agent (Cover) Resolution is a process used in payment processing where an instructed agent is involved in handling cover payments for cross-border transactions
- CBPR Plus: The Instructed Agent (Cover) derived on basis of the
value in the Settlement Method field of the
Original Transaction:
- If the value in the Settlement Method field of the Original Transaction is COVEwhat (that is, applicable only in case of pacs.008 transactions) and Cover Via field contains value as camt.054/camt.053/camt.052, then Instructed Agent (Cover) in Reject Details tab is derived as Instructing Agent of camt.054/camt.053/camt.052 Transaction.
- TARGET2: Pacs.002 message generation for TARGET2 is not supported.
Parent topic: Outbound Return Processing