Receiver Derivation

3.3.8 Receiver Derivation

Determines the appropriate receiver account for the transaction based on predefined rules and account mapping logic.

Instructed Agent

If Instructed Agent BIC and Network Directory Key are present in the RTGS Directory Detailed (PMDRTGSD) screen and the Participation Type is set to Direct, then the payment is sent directly to the Instructed Agent BIC.

If Instructed Agent BIC and Network Directory Key are present in the RTGS Directory Detailed (PMDRTGSD) screen and the Participation Type is set to Indirect, then the payment is sent to the Addressee BIC specified in the same screen.

Intermediary Agent 1 BIC

If Intermediary Agent 1 BIC and Network Directory Key are present in the RTGS Directory Detailed (PMDRTGSD) screen and the Participation Type is set to Direct, then the payment is sent directly to the Intermediary Agent 1 BIC.

If Intermediary Agent 1 BIC and Network Directory Key are present in the RTGS Directory Detailed (PMDRTGSD) screen and the Participation Type is set to Indirect, then the payment is sent to the Addressee BIC specified in the same screen.

Creditor Agent BIC

If Creditor Agent BIC and Network Directory Key are present in the RTGS Directory Detailed (PMDRTGSD) screen and the Participation Type is set to Direct, then the payment is sent directly to the Creditor Agent BIC.

If Creditor Agent BIC and Network Directory Key are present in the RTGS Directory Detailed (PMDRTGSD) screen and the Participation Type is set to Indirect, then the payment is sent to the Addressee BIC specified in the same screen.

Parent topic: Outbound Transaction Processing