Cover Matching
On upload of an incoming pacs.009ADV messages, the following
processing are done:
- Rule created in the Message Queue Derivation Rule (PMDQURLE) is applied.
- Derive the message queue as STP/Non-STP/Cover based on STP rules maintained in PMDQURLE.
- Release the STP messages & cover matched messages to payment processor.
Auto Cover Match
Processing
The incoming pacs.009ADV message is auto cover matched against one of the below listed
message types:
- Pacs.009 CORE
- Camt.054 Credit Entry
- MT202 / MT205
- MT910
- Statement Entry
Below listed fields of pacs.009 CORE is compared for cover matching:
| pacs.009ADV | pacs.009CORE | Remarks |
|---|---|---|
| UETR | UETR | - |
| Instruction Identification | End to End Identification | - |
| Interbank Settlement Amount | Interbank Settlement Amount | - |
| Interbank Settlement Currency | Interbank Settlement Currency | - |
Below listed fields of camt.054 is compared for cover matching:
| pacs.009ADV | camt.054 | Remarks |
|---|---|---|
| UETR | UETR | - |
| Instruction Identification | Instruction Identification | - |
| Interbank Settlement Amount | Amount | - |
| Interbank Settlement Currency | Currency | - |
Below listed fields of MT202 or MT205 is compared for cover matching:
| pacs.009ADV | MT202/205 | Remarks |
|---|---|---|
| UETR | UETR | - |
| Instruction Identification | Field 21 | Related Reference |
| Interbank Settlement Amount | Field 32A | Amount |
| Interbank Settlement Currency | Field 32A | Currency |
Below listed fields of MT910 is compared for cover matching:
| pacs.009ADV | MT910 | Remarks |
|---|---|---|
| UETR | UETR | If present in MT910, consider |
| Instruction Identification | Field 21 | Related Reference |
| Interbank Settlement Amount | Field 32A | Amount |
| Interbank Settlement Currency | Field 32A | Currency |
Below listed fields of statement entries is compared for cover matching:
| pacs.009ADV | Statement Entry (MT or MX | Remarks |
|---|---|---|
| Instruction Identification | Related Reference | Reference for the Account Owner |
| Interbank Settlement Amount | Amount | Amount in Statement Browser |
| Interbank Settlement Currency | Currency | Currency in Statement Browser |
| Interbank Settlement Date | Value Date | Value Date in Statement Browser |
- If the auto cover match is successful both payment message and cover message is marked as 'Matched' and payment message is released from STP queue for further processing.
Parent topic: STP Layer - pacs.009ADV Processing