Pacs.004 and Pacs.002 MX Messages: A Deep Dive into Payment Return and Status Reporting What are the uses of the Payment Return message (Pacs.004) and the FI to FI Payment Status Report (Pacs.002) messages? What is the difference between Reject and Return of payment? Let's understand with a bird's e...
Demystifying the Pacs.009 Message Variants There are three different variants for a 'Pacs.009 - Financial Institution Credit Transfer' MX message. What are they and when is each variant used? Go to list of all SWIFT Payments topics Previous: Pacs.008 SWIFT MX Message - Structure at a Glance Pacs.009...
SWIFT MX Settlement Methods: A Compact Guide The settlement method element is a new introduction in SWIFT MX messages. What are the various settlement methods and what do they mean? Understand with an example. Go to list of all SWIFT Payments topics Previous: On-Behalf-Of (OBO) Transactions and ISO ...
Pacs.008 - Decoding the Message Structure What is the structure of the SWIFT MX PACS.008 - FI to FI Customer Credit Transfer Message? What are the underlying elements and what are their use? Read on. Go to list of all SWIFT Payments topics Previous: Settlement methods in SWIFT MX Messages What is th...
ISO 20022 MX Messages: Revolutionizing On-Behalf-Of (OBO) Transactions with Enhanced Party Roles What are On-Behalf-Of Transactions? How the new MX messages helped handling such transactions by introducing new roles? Read to find out. Go to list of all SWIFT Payments topics Previous: Efficient Solut...