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.