1. Payments Core User Guide
  2. Payment Maintenance
  3. Cross Border / High Value Payments Maintenance
  4. SWIFT Codeword

SWIFT Codeword

The SWIFT Codeword screen allows users to maintain Processing Mode preference for Field 72 SWIFT codewords against each Network and Message type. User can maintain preference for both Standard and Bilateral codewords. Based on the processing mode, the transaction can be routed to Business Override Queue.

  1. On Homepage, specify PMDSWTCD in the text box, and click next arrow.
    SWIFT Codeword screen is displayed.

    Figure 2-212 SWIFT Codeword

    Description of Figure 2-212 follows
    Description of "Figure 2-212 SWIFT Codeword"
  2. Click New button on the Application toolbar.
  3. On SWIFT Codeword screen, specify the fields.
    For more information on fields, refer to the field description below:

    Table 2-114 SWIFT Codeword - Field Description

    Field Description
    Host Code System defaults the Host Code of transaction branch on clicking ‘New’.
    Host Description System defaults the Description of the Host Code displayed.
    BIC Code Specify the BIC Code from the list of values.

    Note:

    All the valid BIC code is listed. User is allowed to select BIC as ‘ALL’ as well.
    Bank Name System defaults the Name from the BIC Code displayed.
    Network Code Select the Network Code from the list of values displayed.

    Note:

    All the valid networks for payment types - Cross Border and RTGS are allowed to select.
    Network Description System defaults the Description on the Network Code selected.
    Network Type Description System defaults the Network Type Description on the Network Code selected.
    Message Type Allowed Message Types for the Network selected are listed in this field. Select the Message Type from the list of values displayed as following:
    • MT 202 - Bank Transfer
    • MT 103 - Customer Transfer
    • MT 204 - Financial Markets Direct Debit Message
    Codeword Specify a valid Codeword. Codeword can be of length 8.
    Code Description Specify a valid description for the Codeword.
    Processing Mode Select Processing Mode from the list of values displayed as following:
    • STP Always
    • No STP
    • STP Pass - through only

Parent topic: Cross Border / High Value Payments Maintenance