1. Payments Core User Guide
  2. Payment Maintenance
  3. Customer Preferences Maintenances
  4. Settlement Instructions
  5. ISO Based Routing

ISO Based Routing

  1. Settlement party details for SWIFT CBPRPlus / TARGET2 ISO payments is maintained in ISO Based Routing sub-screen. Click the ISO Based Routing button at the bottom of the screen.
    ISO Based Routing sub screen is displayed.

    Figure 2-57 Settlement Instruction Detailed - ISO Based Routing

    Description of Figure 2-57 follows
    Description of "Figure 2-57 Settlement Instruction Detailed - ISO Based Routing"
  2. As per SR2021 guidelines, Network Validation Rule is validated to check the format of field 59F if provided in the maintenance, error message is displayed on clicking of Save button in case of Field 59F validation failure.
  3. On ISO Based Routing sub screen, specify the fields.

    Table 2-33 ISO Based Routing - Field Description

    Field Description
    Host Code System defaults the host code of transaction branch on clicking ‘New’.
    Customer Number Specify the Customer Number for which SSI label to be maintained.
    SSI Label Specify the SSI label to be maintained.
    Creditor Details - Party --
    Creditor Name Specify the Name of the Creditor.
    Creditor Account Specify the Creditor Account Number.
    Creditor IBAN Specify the Creditor IBAN Number.
    Creditor Account Currency Specify the Creditor Account Currency from the list of values. Lists all valid currency.
    Country of Residence Specify the Country from the list of values. Lists all valid (open/authorized) country codes defined.
    Creditor Details - Agents --
    BICFI Specify the BICFI from the list of values. Lists all valid (Open/Authorized) BIC codes.
    Clearing System Code Specify the Clearing System Code from the list of values. Lists all ISO Clearing System codes.
    Member Identification Specify the Member Identification.
    Creditor Agent Details --
    BICFI Specify the BICFI from the list of values. Lists all valid (Open/Authorized) BIC codes.
    Clearing System Code Specify the Clearing System Code from the list of values. Lists all ISO Clearing System codes.
    Member Identification Specify the Member Identification.
    Name System defaults the name of the BIC selected.
    Instructed Agent --
    BICFI Specify the BICFI from the list of values. Lists all valid (Open/Authorized) BIC codes.
    Charge Information :
    Charge Bearer Select Charge Bearer from the following:
    • DEBT
    • CRED
    • SHAR
    Payment Preference --
    Debit Nostro Account Specify the Debit Nostro Account from the list of values. This field is Debit Nostro for Inbound payments and it only lists Nostro accounts with SSI label currency.
    Credit Nostro Account Specify the Credit Nostro Account from the list of values. This field is Credit Nostro Account for outbound payments and it only lists Nostro accounts with SSI label currency.

Parent topic: Settlement Instructions