STP Queue Processing
- 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
Pacs.009COV and camt.054 inbound messages is sanctions scanned upfront.
On successful completion of sanctions screening, the messages is matched with pacs.008 messages pending in STP queue for cover match.
- Instruction Identification of pacs.008 message with End to End Identification of cover message
- UETR of pacs.008 message with UETR of cover message
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.
The payment is sent for Network resolution and forwarded to the resultant payment processor.
The credit value date derivation for the payment is based on the credit value basis maintained for the Host in the new preference maintenance PMDCMPRF.
Incoming SWIFT CBPRPlus messages Cover Matching Processing
| pacs.008 | pacs.009 COV |
|---|---|
| UETR | UETR |
| Instruction Identification | End to End Identification |
| Interbank Settlement Amount | Interbank Settlement Amount |
| Interbank Settlement Currency | Interbank Settlement Currency |
| pacs.008 | camt.054 | Remarks |
|---|---|---|
| UETR | UETR | Under Entry Details -> Transaction Details -> References Consider only Credit entry details |
| Instruction Identification | Instruction Identification | Under Entry Details -> Transaction Details -> References Consider only Credit entry details |
| Interbank Settlement Amount | Amount | Under Entry Details -> Transaction Details -> Amount Consider only Credit entry details |
| Interbank Settlement Currency | Currency | Under Entry Details -> Transaction Details -> Amount Consider only Credit entry details |
| pacs.008 | camt.054 | Remarks |
|---|---|---|
| UETR | UETR | NA |
| Instruction Identification | Field 21 | Related Reference |
| Interbank Settlement Amount | Field 32A | Amount |
| Interbank Settlement Currency | Field 32A | Currency |
| pacs.008 | 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 |
| pacs.008 | 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 |
Parent topic: STP Layer - pacs.008 Processing