1. Cross Border User Guide
  2. SWIFT gpi
  3. gFIT Processing
  4. Outbound Cross Border/RTGS Transaction Processing

Outbound Cross Border/RTGS Transaction Processing

Cross Border/RTGS Transaction Processing for Bank Transfer type transactions.

- The 'gpi Agent' flag is set as 'Yes' when the below conditions met:
  • The 'gFIT Enabled' flag is 'Yes' at the SWIFT gpi Host Preference maintenance (PXDGPIPF).
  • An entry is available in SWIFT gpi Directory for the default branch BIC (maintained at STDCRBRN) and Transfer Currency combination.

Impact in Bank Transfer message generation MT 202/205 as below:

Block 3 - Field 111

- If transaction level 'gpi Agent' flag is 'Yes', then the Field 111 is populated with the service id value ('004') for gFIT service.

Field 57A

- For gpi enabled 'Cross Border' payment transactions,

- Field 57A is populated even if Account with Institution is same as that of Receiver of outgoing payment message.

Note:

For 'RTGS' payment transactions irrespective of gpi enabled or not, population of 57A field is based on the RTGS network guidelines.

Field 58A

- Field 58 is populated option A. BIC is populated.

Field 21

- For pass-through payments, Field 21 is populated with the incoming message Field 21.

- This processing is applicable for both originated as well as for pass-through outbound bank transfer transactions.

Parent topic: gFIT Processing