1. Cross Border User Guide
  2. Cross Border Maintenances
  3. RMA /RMA +
  4. RMA or RMA Plus Details
  5. RMA/RMA+ Validation (MT)

RMA/RMA+ Validation (MT)

  • In addition to the RMA/RMA+ validation for the Receiver of payment message (say, MT 103), RMA/RMA+ validation is done for the Receiver of Cover (MT 202COV) if a Cover message is required to be sent to the currency correspondent, in addition to the MT 103 message. The same is applicable for MT 205 and MT 103+.
    • If the RMA/RMA+ validation for Receiver of Cover fails, then the Outbound transaction is sent to an exception queue.
    • RMA+ validation, if applicable, for Receiver of Cover is for sending out MT 202
  • RMA/RMA+ validation is done for the following Transfer types :
    • Multi-Credit Customer Transfer – for determining the Receiver of MT 102/MT 102+.
    • Bank Transfer payments – for determining the Receiver of MT 202/MT 203, and Receiver of Cover (another MT 202) if applicable.
    • Bank Transfer for Own Account transfers – for verifying MT 200/MT 201 can be sent to the Receiver i.e. Currency Correspondent.
  • For manually initiated Common Group Messages (MT 19x/MT 29x), the system performs RMA/RMA+ validation on the selected Receiver BIC.
  • For a Charge Claim message (MT 191) that is automatically generated for an inbound MT 103 message, the system perform RMA/RMA+ validation on the Receiver of MT 191 (Sender of inbound MT 103).

    Note: If RMA+ validation fails, then MT 191 is still generated but with a new status called ‘Withheld’ status. This status means that the message was generated but has been “held back” i.e. not “handed off” to EMS.

  • MT 210 – After generation of MT 210 (Notice to Receiver) as part of processing Outbound MT 200/MT 201, the system performs an RMA/RMA+ validation for the Receiver of MT 210 i.e. the Currency Correspondent who is supposed to receive funds in the Nostro account from a Nostro account with another correspondent.

    Note: If the RMA/RMA+ validation fails, then system does not send the message.

  • MT 900/MT 910 – No RMA/RMA+ authorizations are required for sending or receiving Debit Advice (MT 900) or Credit Advice (MT 910).

Parent topic: RMA or RMA Plus Details