11 Charge Claim
When an Inbound MT 103 payment is received having Charge Whom field value as “OUR” and no charges are included in the Settlement amount (i.e. 71G is not present), after the payment is processed (transaction is Liquidated), system automatically generates a MT 191 Charge Claim message and sends it to the Sender of the MT 103.
Similarly, when an Outbound MT 103 with Charge Whom specified as “OUR” with no 71G is
sent then a MT 191 Charge Claim may be received later from the Receiver of MT 103. The
Inbound MT 191 is processed to send an Outbound MT 202 Charge payment/ Outbound MT 910.
This is achieved in one of the two ways mentioned below.
- Auto-STP of Inbound MT 191 to generate and send MT 202
- Manual approval of Charge Claim leading to STP of Bank Transfer and generation of MT 202.