3.3.1 SWIFT MT - Features

Support for:
  • Performing duplicate check on the incoming Request for Transfer (MT 101) message based on Host Code, Sender, Reference Number (Field 20), Message Index (28D) and Message Total (28D) fields and Moving to Business Override Queue for user action.
  • Performing duplicate check on the incoming Financial Institution Transfer for Own Accounts (MT 200) message based on Sender, Message Type and Field 20 Reference fields and Moving to Business Override Queue for user action.
  • Applying cover suppression preferences after resolving the Correspondent from Currency Correspondent Rule to resolve the Receiver or Receiver of Cover.
  • Populating the Field 54 of MT 103 with correspondent details when the Outbound MT 103 message is sent in cover method, cover message via RTGS and having only one correspondent between sender and receiver.
  • Deriving Currency correspondent based on Currency correspondent rule lookup as 1st step when incoming MT messages resulting in Outbound pass-through MT transactions followed by currency correspondent check, global correspondent check and Primary Currency correspondent check.