Post on 15-Apr-2016
description
Juan Sevilla
Community Initiatives
NPS Lebanon
FIN Copy Implementation for Participants
20 July 2011
FIN & FIN Copy concept
Closed User Group
Service Profile & Message Matrix
Message Flow
Implementation Schedule
Supporting FIN Copy
AGENDA
Presentation title – dd month yyyy – Confidentiality: xxx 3
FIN and FIN Copy Concepts
FIN & FIN Copy concept
FIN
FIN Copy
• FIN is SWIFT's core store-and-forward
messaging service.
• FIN enables over 8,300 financial
institutions in more than 200 countries to
exchange financial data securely, cost
effectively and reliably.
• FINCopy is a value added feature of FIN
that enables the sender of a message to
trigger a copy to a third party for
authorisation or further processing.
• FINCopy provides the ideal solution for
the monitoring of bilateral financial
transactions by a central institution
5
What is FINCopy – Y copy?
• Value added message copyingto central institution
• Operates in Y-copy mode :– „store-copy-authorize-forward‟
• Operates between 3 parties:– Sending institution (ordering)
– Central institution(clearing, netting or settlement)
– Receiving institution (beneficiary)
6
Use of FIN Copy for RTGS Payment Order
SenderReceiver
Service Administrator
FIN
DLP
FINCopy CUG
FINCopy
Payment order
7
Use of FIN Copy for RTGS Settlement Request
SenderReceiver
Service Administrator
FIN
DLP
FINCopy CUG
FINCopy
Payment order
SettlementRequest(MT096)
8
FIN Copy for RTGS Authorisation
SenderReceiver
Service Administrator
FIN
Authorisation
MT097
DLP
FINCopy CUG
FINCopy
Sender notification
MT012
Payment order
SettlementRequest(MT096)
Approved / SettledPayment order
9
FIN Copy Rejection
SenderReceiver
Service Administrator
FIN
Rejection
MT097
DLP
FINCopy CUG
FINCopy
Abort notification
MT019
Payment order
SettlementRequest(MT096)
10
FIN Copying services: FINCopy options
SenderReceiver
Service Administrator
FIN
Copy
Authorisation/
Refusal (Y-Copy)
DLP
FINCopy CUG
FINCopy
Abort notification
MT012 or MT019
Information to receiver
Added to original messageInformation to sender
MT 096 FIN Copy
to Central Institution Message
Basic Header
Application Header
User Header
Trailer Block
Envelope
Text Block
“Basic Header
Application Header
User Header
Text (some or all fields)
Trailer block”Full or partial Copy
of original Message
MT 097 FIN Copy Message
Authorisation/Refusal Notification
Basic Header
Application Header
User Header
Trailer Block
Envelope
Text Block
“FIN Copy Service Identifier Code : DLP
MRF Trailer from MT 096
Acceptance/Rejection Code
Abort Reason
Information for sender
Information for receiver”O
M
M (if codeword „Reject‟, otherwise
not present)
PowerPoint Toolkit – 23 October 2008 – Confidentiality: restricted 13
Closed User Group
Closed User Group
• SWIFT services are for members of the Closed User
Group or CUG.
• Sub-group within SWIFT
• Access only for authorised institutions and
recognised message types
• Controlled by Central Institution or Service
Administrator
CentralApplication
1
2
4
5
1 Payment Instruction
3 Authorisation response
4Final Payment Instruction received
5
Sender notification and reporting (Optional)
2 Authorisation request
3
SWIFT
Interface
FINCopy overview
SWIFTNet
CentralInstitution
Bank A Bank B
15
Y- Copy
5
6 Access to CUG Members only
6
Presentation title – dd month yyyy – Confidentiality: xxx 16
Service Profile and Message Matrix
DLP Service Profile - Summary
Service Identifier Code : DLP
FIN Copy Mode : Y
Copy : Partial
Currency Check No
Field(s) to be copied 20, 13c, 32a, 52a, 53a, 72
Authentication Mode : normal
CID – Live : BDLCLBBA
CID – T&T : ZYAALBB0
Sender Notification : Individual use
Message Types to copy : MT 103 & MT 202
RMA Bypass No
Received
Sent
Fin Copy
Participants
Service
Administrator
BIC
Fin Copy
Participants
MT103, MT 202, MT192, MT202,
MT292, MT298,
MT598, MT920
Service
Administrator
BIC
MT192, MT202,
MT292, MT298,
MT598, MT920
Not applicable
CUG Matrix
RMA needed for :
-all flows
-all messages
FIN Copy Message restriction
MT
message
Fields tags
MT 103 20, 13c, 32a, 52a, 53a, 72
MT 202 20, 13c, 32a, 52a, 53a, 72
FINCopy – Field Tags to be copied
Presentation title – dd month yyyy – Confidentiality: xxx 20
Message Flow
Example:
• FIN Copy Server Identification code is : DLP• Double authentication• Amount : USD 10000,00 • SENDLBBX & RCVRLBBE• Ordering Customer & Beneficiary Customer• Full copy
• 2 scenarios – Authorized Message– Message rejected
BANK
MESSAGE FLOW: 202 - as sent
Bank A
Signature Block
generated by the
service administrator
{1:F01SENDLBBXXXX01234123456}
{2:I202RCVRLBBEXXXU}
{3:{103:DLP}{108:MUR}}
{4:
:20: SREF
:32A: 090310USD10000,00:
52a: Ordering Institution
53a: Sender‟s Correspondent
56a: Account With Institution
54a: Receiver‟s Correspondent
58a: Beneficiary Institution
-}
{CHK:123456789ABC}}
< signature block >
FIN COPY
Service Identifier Code
MUR: Message User
Reference copied to the
CI within the MT096
{1:F01BANKBEBBXXX0246000987}
{2:O0961200000920DYLPXXXXEXXX0019
1399900009201200S}
{3:{103:DLP}{108:RCVRLBBE1200456}}
{1:F01SENDLBBXXXXX01234123456}
{2:I100RCVRLBBEXXXXU}
{3:{103:DLP}{108:MUR}}
{4:
:20: SREF
:32A: 090310USD10000,00:
52a: Ordering Institution
53a: Sender’s Correspondent
-}
{5:
{MRF:030711120000000920SENDLBBXXXX
01234123456} } }
{5:{CHK:987654321ABC}{SYS:1200000920
RCVRLBBEXXX01234123456}}
< signature block >
MESSAGE FLOW: MT096
Envelope
Text Fields of MT202
Partial Copy
Header of
MT 202
User Message reference trailer
inserted by FIN Copy from info of 103
MESSAGE FLOW: MT 097 - Authorised Msg
{1:F01BANKLBBXXXX0246123456}
{2:I097SWFTXXXXXXXXS}
{4:
{103:DLP}
{109:030711120000000920SENDLBBXXXX
01234123456} } }
}
{451:0}
{114:AUTH REF 123456}
{115:SETTLEMENT REF 123456}
}
{5:
{CHK:246135789FED}}
< signature block >
Accept / reject field: 0= Accepted
Information from SA to Sender Bank
Information from SA to Receiver Bank
MESSAGE FLOW: MT202 - as received
{1:F01RCVRLBBEXXX124123456}
{2:O202200990809SENDLBBXXXX01230004569908021205U}
{3:{103:DLP}{108:MUR}}
{115:Settlement ref 123456}}
{4:
:20: SREF
:32A: 090310USD100000,00:
52a: Ordering Institution
53a: Sender‟s Correspondent
-}
{5
{CHK:123456789ABC}}
<signature block>
FIN COPY
Service Identifier Code
MUR: Message User
Reference copied to the
CI within the MT096
MESSAGE FLOW: MT 097 - Rejected Msg
{1:F01RCVRLBBEXXX0246123456}
{2:O2021200990809SENDLBBXXXX01230004569908021205U}
{4:
{103:DLP}
{109:030711120000000920SENDLBBXXXX1234123456}
{451:1}
{432:66}
}
{5:
{CHK:246135789FED}}
< Signature Block >
Accept / Reject Field: 1 = Rejected
Abort reason code from MT097
MESSAGE FLOW: MT 019 - Abort Notification
{1:F01SENDLBBXXXX0247000888}
{2:O019SWFTXXXXXXXXS}
{4:
{175:1200}
{106:SENDLBBXXXX1234123456}
{102:RCVRLBBE}
{432:66}
}
{5:
{CHK:123456789ABC}{SYS:1205990802BANKLBBXXXX0246123456}
Abort reason code
Copied from MT 097
Summary
Gateway 7.0 for Technical Sales - September 09
Implementation Schedule
RTGS Implementation Plan - Summary
Read FIN Copy
Service description
Online
e-Order subscript-
ion
Upgrade to Snet 7.0 & IinstallFINCopy
Patch
Exchange RMA
Messages
Start FIN Copy
testing with t&t BIC
Perform testing with
live BIC
Full RTGS in Live Mode
Administ-rator and Member training
Implementation schedule
Read the
FIN Copy
documentation
Upgrade your
CBT for FIN
Copy
Exchange RMA with BDLCLBBA,
BDLCLBBC &
BDLCLBBG
Pilot User
Start FIN Copy
testing
Perform testing
with live
destinations
Full RTGS in
Live Mode
User seminar
Pilot User
Register to FIN
Copy Service
Week
July 18To be Confirmed by
Central Bank
Upgrade to
SNET 7.0
All User
Start FIN Copy
testing
Week
July 25
Week
Aug 1st
FIN Copy ordering for participants
Standard procedures and
forms for participants :
• Online Registration process
via www.swift.com
Pilot Users registration as of week July 25
Keeping the members informed
From the Central Institution• Roadshow• Website
From SWIFT• FIN Copy Service Description• UHB (user Hand Book)• Interface documentation
Upgrade your CBT
SWIFT Interface• Follow FIN Copy Patch download
procedure on swift.com
Non SWIFT interface customers:
Please contact your interface
vendor to receive the necessary
information
Pilot Users patch installation as of week of Aug 1st.
FIN Copy patch download procedure on swift.com
FIN Copy patch download procedure on swift.com
FIN Copy patch download procedure on swift.com
FIN Copy patch download procedure on swift.com
RTGS Implementation Plan - Summary
39
Date Action
Week July 18 Read FIN Copy Service description
Week July 25 Pilot Users - Online RTGS subscription
Week Aug 1st Upgrade your FIN Interface (CBT) with DLP patch
Week Aug 1st Snet 7 Upgrade of your Infrastructure
Week Aug 1st Start RMA exchange with BDL BICs
BDLCLBBA, BDLCLBBC & BDLCLBBG
Dates
to be
confirmed
by BDL
Pilot Users - Start FIN Copy testing
All Users - Start FIN Copy testing
All users - Perform testing with live BIC
Full RTGS in Live Mode
Presentation title – dd month yyyy – Confidentiality: xxx 40
Supporting FINCopy
Online support
Supporting FIN Copy
Customer Services Centre
FIN: SWHQNLNL / SWHQUS33 / SWHQHKHH
E-mail: support@swift.com
Website: www.swift.com (support)
Tel:
Europe: Tel: +31 71 582 2822
Hong Kong: Tel: +852 2 852 8777
Japan: Tel: +81 3 5223 7456
United States: Tel: +1 540 825 6056
44
?Q & A
Thank you
45