1. Cross Border User Guide
  2. MT 101 Processing
  3. MT101 Outbound Processing
  4. Agreement Validation

Agreement Validation

  • The system validates the open and authorized MT101 outbound Agreement record availability for the party ID/Sender BIC. Party ID is the customer ID of the instructing party if present, else the Ordering Customer ID.
  • The system validates the valid record with start and end dates.
  • If agreement validation fails, system moves the MT101 transaction to Business Override Queue (BO).

Parent topic: MT101 Outbound Processing