D to A Conversion
System converts party details (Name and Address) to BICFI based on the D to A Converter maintenance (PMDDAMNT).
If the parties / agents in the transaction are detailed using name and address, then system checks if there is a match for the name and address provided in the transaction with the data maintained in the D to A Converter Maintenance, If a match is found then the system resolves the appropriate BIC code and replaces the name and address in the message with the BIC Code.
- Intermediary Agent 1
- Creditor Agent
Address Line 1, Address Line 2 and Address Line 3 is checked against the data maintained in the D to A Converter Maintenance, if a match is found then the system resolves the appropriate BIC code and replaces the name and address in the message with the BIC Code.
Parent topic: STP Layer - pacs.009 Processing