Maintain SWIFT FFT Template

10.3.1 Maintain SWIFT FFT Template

This topic provides the systematic instructions to maintain SWIFT FFT template.

System has the facility to create SWIFT templates for free format messages with the help of resolver for predefined variable fields (for example; amount, applicant/beneficiary name, tenor, maturity and so on). This helps avoiding predation of message which are repetitive in nature for example bill acceptance message, availment confirmation or payment tracers and so on. A dictionary of field resolvers is available in Oracle Banking Trade Finance. You can create template as and when required with the combination of hard coated text and the field resolvers.

You can define templates for Free Format Messages which contains Template id, Language code and Free Format Text (Only for MT499 and MT799) using the ‘Trade Finance Swift FFT Template screen Maintenance’ screen.

Specify the User ID and Password, and login to Homepage.

On Homepage, type ‘MSDTFFTM' in the text box, and click next arrow.
The Trade Finance Swift FFT Template screen Maintenance screen is displayed.

Description of the illustration msdfftmp__cvs_main.jpg

On Trade Finance Swift FFT Template screen Maintenance screen, specify the fields.

For more information on action and its operation, refer to Table 10-5:

Table 10-5 Trade Finance Swift FFT Template screen Maintenance - Field Description

Field	Description
Template ID	Specify the template id.
Language Code	Specify a valid language code. The adjoining option list displays all the valid language code maintained in the system. You can choose the appropriate one.
Free Format Text	Specify the Substitution Variables. You can identify these variables by prefixing them with ‘@’ or by some other special character.
Swift Message Type	Select the Swift Message type from the drop-down list. You have the following options: MT799 MT499 MT999 MT750 For the substitute variables, refer theTable 10-6, Table 10-7, and Table 10-8:

Table 10-6 Swift Message Type MT799

Message	Substitution Variables	Description
MT799	LC_AMOUNT	LC Amount
	LC_CCY	LC Currency
	LC_LIABILITY	LC Outstanding Amount
	ISSUE_DATE	LC Issue Date
	LC_TENOR	LC Tenor
	EXPIRY_DATE	LC Expiry Date
	CLOSURE_DATE	LC Closure Date
	LC_CONTRACT_REF	LC Contract Reference Number
	LC_USER_REF	LC User Reference Number
	SHIPMENT_FROM	Shipment From
	SHIPMENT_TO	Shipment To
	PORT_LOADING	Port of Loading
	PORT_DISCHARGE	Port of Discharge
	CREDIT_AVL_WITH	Credit Available with
	INCO_TERM	Inco Term
	APPLICABLE_RULE	Applicable Rule
	BENEFICIARY	Beneficiary
	APPLICANT	Applicant
	REIMB_BANK	Reimbursing Bank
	OLD_BEN	Old Beneficiary before the amendment
	OLD_REM	Old Reimbursing bank before the amendment

Table 10-7 Swift Message Type MT499

Message	Substitution Variables	Description
MT499	OLD_ADV	Old Advising bank before the amendment
	APP_BANK	Applicant Bank
	CLAIM_BANK	Claiming Bank
	CNF_BANK	Confirming Bank
	ADV_BANK	Advising Bank
	ADV_THRU_BANK	Advice Thru Bank
	LATEST_SHIPMENT_- DATE	Latest Shipment Date
	SHIPMENT_PERIOD	Shipment Period
	CONFIRMED_AMT	Confirmed LC Amount
	UNCONFIRMED_AMT	Unconfirmed LC Amount
	AVAILED_AMOUNT	Availed Amount
	REB_UT_AMOUNT	Reimbursement Amount undertaken
	REB_NUT_AMOUNT	Reimbursement Amount not undertaken
	DRAWER	Drawer
	DRAWEE	Drawee
	FORFAIT_HOUSE	Forfaiting house / bank
	REMIT_BANK	Remitting Bank
	COL_BANK	Collecting Bank
	DISC_BANK	Discounting Bank
	NEGO_BANK	Negotiating Bank
	TRF_BANK	Transferee Bank
	BILL_AMT	Bill Amount
	BILL_CCY	Bill Currency
	OS_AMOUNT	Bill Outstanding amount
	VALUE_DATE	Bill Value date
	TRANSACTION_DATE	Bill transactions date
	TRANSIT_DAYS	Transit days
	BILL_TENOR	Bill Tenor
	BILL_MATURITY	Bill Maturity date
	LIQUIDATION_DATE	Bill Liquidation date
	INCO_TERM	Inco Term
	OUR_LC_REF	Our LC Ref No
	THEIR_LC_REF	Their LC Ref No
	BC_CONTRACT_REF	BC Contract Reference Number
	BC_USER_REF	BC User Reference Number
	BROK_DETAILS	Broker, Brokerage and Brokerage Currency
	SHIPMENT_FROM	Shipment From
	SHIPMENT_TO	Shipment To

Table 10-8 Swift Message Type MT750

Message	Substitution Variables	Description
MT750	71DCHARGES	71D Charges To Be Deducted
	33BADDLAMNT	33B Additional Amount
	73CHGTOBEADD	73A Charges To Be Added
	34BTOTAMTPD	34B Total Amount To Be Paid
	SND2RECMT750	72Z Sender To Receiver Information

In case of a Bill contract under an LC, the system resolves all tags applicable to MT799 and MT499. In such cases, the tags related to Bills are resolved based on the corresponding Bill contract. Similarly, the tags related to LC are resolved based on the LC contract which is linked to the Bill contract.

In case of changing in Reimbursing Bank, party id from LC and LI amendment screens, system supports generation of MT799 and MT759.

Parent topic: FFT Template Maintenance