1. Cross Border User Guide
  2. SWIFT gpi
  3. gCOV Transaction Processing
  4. Inbound gCOV Processing

Inbound gCOV Processing

MT 299 gCOV confirmation message gets generated for all statuses(//ACSC, //ACSP, // RJCT) for the below specific case:

When the Incoming gpi is ‘N’ and gpi agent is ‘Y’
  • 111:001 gets copied to Block 3 of the message
  • RMA+ validation is not performed for Tracker BIC
  • Network Cutoff Time Check is done as for normal SWIFT incoming payments from the Inbound BIC Cutoff time (PXDINCOF)

System does not generates MT 299 gCOV confirmation message when Incoming gpi is ‘Y’ and gpi agent is ‘N’.

Network Cutoff Time Check:

For ‘gpi Enabled’ = ‘Yes’
  • Sender BIC (11-Character BIC as received in the Block 2 of the inbound MT message) is considered from the screen (PXDSRIAG) for inbound gpi payments sender agreement, if present.
  • If not present, cutoff time is taken from the gpi directory for the Processing branch BIC (11-Character BIC as received in Block1 of the inbound MT message), Transfer Currency combination.
  • If not found as in step (2), cutoff time is taken from the gpi directory for the Processing branch BIC (11-Character BIC maintained as default BIC in STDCRBRN), Transfer Currency combination.
  • If the gpi transaction passed this cut-off time, then the transaction moves to Network Cutoff queue.

Incoming gCOV Payments

Outbound MT 299 gCOV confirmation generation
  • System performs the following to set ‘gpi Agent’ to ‘Yes’ or ‘No’ during the process of incoming COV messages
    Set ‘Incoming gpi’ flag based on (111:001) at transaction level Check ‘gpi processing enabled’ flag at host level (PXDGPIPF) Check if Processing branch 11-Character BIC/ Transfer currency is present in gpi Directory (PMDGPIDR) Set ‘gpi agent’ flat at transaction level
    No Yes Yes Yes
    Yes Yes No No
  • If gpi Agent is ‘No’ and ‘incoming gpi’ is ‘Y’ then system should not generate MT 299 gCOV confirmation message
  • System sets ‘gpi Agent’ to ‘Yes’ if processing branch BIC/transfer currency is present in gpi directory.
  • System performs below operations as per existing functionality when the ‘incoming gpi flag’ is ‘N’
    • Network Cutoff Time Check is done as for normal SWIFT incoming payments from the Inbound BIC Cutoff time (PXDINCOF)
    • Generates gCOV confirmation message with 111:001 (RMA+ validation not required) for all statuses.

Parent topic: gCOV Transaction Processing