Presentation is loading. Please wait.

Presentation is loading. Please wait.

Slide 1 Fin Copy Seminar, Albanian Interbank Payment System. Tirana, Albania: 05 September 2003 FinCopy_CUG_v1.ppt FIN Copy and Closed User Group Ali Bakhtaoui.

Similar presentations


Presentation on theme: "Slide 1 Fin Copy Seminar, Albanian Interbank Payment System. Tirana, Albania: 05 September 2003 FinCopy_CUG_v1.ppt FIN Copy and Closed User Group Ali Bakhtaoui."— Presentation transcript:

1 Slide 1 Fin Copy Seminar, Albanian Interbank Payment System. Tirana, Albania: 05 September 2003 FinCopy_CUG_v1.ppt FIN Copy and Closed User Group Ali Bakhtaoui Customer Services

2 Slide 2 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Message Flow Implementation Schedule Fallback Connectivity Supporting FIN Copy

3 Slide 3 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Message Flow Implementation Schedule Fallback Connectivity Supporting FIN Copy

4 Slide 4 FIN & FIN Copy concept FIN User BUser A FIN Copy Central Institution User AUser B

5 Slide 5 What is FIN Copy?  Value added message copying to central institution  Operates in Y-copy mode : –‘store-copy-authorise-forward’  Operates between 3 parties: –Sending institution (ordering) –Central institution (clearing, netting or settlement) –Receiving institution (beneficiary) T Y

6 Slide 6 Use of FIN Copy for RTGS Payment Order SWIFT FIN Network Y - Copy Bank A Bank B Central Institution Payment order (MT103, 102, 202, 205)

7 Slide 7 Use of FIN Copy for RTGS Settlement Request Payment order Bank A Bank B Central Institution Settlement Request (MT096) Y - Copy SWIFT FIN Network

8 Slide 8 FIN Copy for RTGS Authorisation Payment order Y - Copy Bank A Bank B Central Institution Settlement Request (MT 096) Approved / Settled Payment order Authorisation (MT 097) SWIFT FIN Network

9 Slide 9 FIN Copy Rejection Payment order Bank A Bank B Central Institution Settlement Request (MT 096) Rejection (MT 097) Abort Notification (MT 019) Y - Copy SWIFT FIN Network

10 Slide 10 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” Copy of original Message

11 Slide 11 MT 097 FIN Copy Message Authorisation/Refusal Notification Basic Header Application Header User Header Trailer Block Envelope Text Block “FIN Copy Service Identifier Code : AIP 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)

12 Slide 12 FIN Copy Authentication Y - Copy Bank A Bank B Central Institution PAC1: A to Central Institution Destination MAC: A to B SWIFT FIN Network Live :STANALTAA T&T : ZYAAALT0 PAC2: Central Institution Destination to B

13 Slide 13 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Message Flow Implementation Schedule Fallback Connectivity Supporting FIN Copy

14 Slide 14 Closed User Group  Sub-group within SWIFT  Access only for authorised institutions and recognised message types  Controlled by Central Institution  Reduced cost membership for access to the payment clearing only

15 Slide 15 FIN Copy Closed User Group Settlement Application SWIFT Interface SWIFT FIN Network Payment order Y - Copy Central Institution Bank B Bank A 5

16 Slide 16 FIN Copy - Summary Settlement Application SWIFT Interface SWIFT FIN Network Payment order Y - Copy Central Institution Bank B Payment Instruction 3 Settlement response 4 Final Payment Instruction received 5 Sender / receiver notification and reporting 2 Settlement request 3 Bank A 5

17 Slide 17 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Message Flow Implementation Schedule Fallback Connectivity Supporting FIN Copy

18 Slide 18 Service Profile  Service Identifier Code :  FIN Copy Mode :  Copy :  Authentication Mode :  CID – Live :  CID – T&T :  Currency check :  Sender Notification :  Message Types to copy :  Field & Tags to copy : AIP Y Partial Double STANALTA ZYAAALT0 ALL Individual use MT103, MT 102, MT 202,MT , 32A (or B),72

19 Slide 19 Message matrix Fin Copy Participants & PSPA Fin Copy Participants & PSPA Server Destinations Server Destinations MTs 900, 910, 941, 942, 950, 999 MTs 900, 910, 941, 942, 950, 999 MTs 102, 103, 202, 205 From To

20 Slide 20 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Message Flow Implementation Schedule Fallback Connectivity Supporting FIN Copy

21 Slide 21 MESSAGE FLOW: MT103 - as sent {1:F01SENDALTAXXX } {2:I103RECVALTAXXXXU} {3:{103:AIP}{108:MUR}} {4: :20: SREF :32A: ALL100000,00 :50K: ORDERING CUSTOMER :59:/ BENEFICIARY CUSTOMER ADDRESS :71A:SHA -} {5:{MAC:12AB34CD} {PAC:34CD56EF} {CHK: ABC}} Bank A

22 Slide 22 MESSAGE FLOW: MT103 - as sent {1:F01SENDALTAXXX } {2:I103RECVALTAXXXXU} {3:{103:AIP}{108:MUR}} {4: :20: SREF :32A: ALL100000,00 :50K: ORDERING CUSTOMER :59:/ BENEFICIARY CUSTOMER ADDRESS :71A:SHA -} {5:{MAC:12AB34CD} {PAC:34CD56EF} {CHK: ABC}} Bank A FIN COPY Service Identifier Code Message User Reference copied to the CI within the MT 096 PAC Trailer based on BKE between Sender bank and CI

23 Slide 23 MESSAGE FLOW: MT096 {1:F01STANALTAXXX } {2:O DYLPXXXXEXXX S} {3:{103:AIP}{108:RECVALTA }} {4: {1:F01SENDALTAXXXX } {2:I100NATHLKAXXXXU} {3:{103:AIP}{108:MUR}} {4: :20: SREF :32A: ALL100000,00 -} {5: {MAC:12AB34CD} {PAC:34CD56EF} {CHK: ABC}} {MRF: SENDALTAXXX } } } {5:{CHK: ABC}{SYS: RECVALTAXXX }} Envelope copied from the MT 103 header of MT 103 copied from the MT 103 Text fields of MT 103 copied from the MT 103 User message reference trailer : inserted by FIN Copy containing information from MT 103

24 Slide 24 MESSAGE FLOW: MT Authorised Msg {1:F01STANALTAXXX } {2:I097SWFTXXXXXXXXS} {4: {103:AIP} {109: BANKLLKLAXXX } } } } {451:0} {114:AUTH REF } {115:SETTLEMENT REF } } {5: {PAC:A1B2C3F4} {CHK: FED}} copied from the MT 103 User message reference copied from the MT 096 Accept/Reject Field 0=Accepted Info from CI to Sender bank Info from CI to Receiver bank New PAC trailer : calculated between CI and Receiver bank

25 Slide 25 MESSAGE FLOW: MT103 - as received {1:F01RECVALTAXXX } {2:O SENDALTAXXX U} {3:{103:AIP}{108:MUR}} {115:Settlement ref }} {4: 20: SREF :32A: ALL100000,00 :50K: ORDERING CUSTOMER :59:/ BENEFICIARY CUSTOMER ADDRESS :71A:SHA -} {5:{MAC:12AB34CD} {PAC: A1B2C3F4} {CHK: ABC}} Bank B FIN Copy Service Identifier Code MUR - copied from the MT 096 Info from CI - copied from MT 097 PAC Trailer - copied from MT 097

26 Slide 26 MESSAGE FLOW: MT Rejected Msg {1:F01RECVALTAXXX } {2:O SENDALTAXXX U} {4: {103:AIP} {109: SENDALTAXXX } {451:1} {432:66} } {5: {PAC:A1B2C3F4} {CHK: FED}} Accept/Reject Field 1=Rejected Abort reason code copied from MT 097 PAC : NEW PAC trailer calculated by the CI, based on BKE between CI and Receiver bank

27 Slide 27 MESSAGE FLOW: MT Abort Notification {1:F01SENDALTAXXX } {2:O019SWFTXXXXXXXXS} {4: {175:1200} {106:SENDALTAXXX } {102:RECVALTA} {432:66} } {5: {CHK: ABC}{SYS: STANALTAXX X } Identification of original payment message Abort reason code copied from MT 097

28 Slide 28 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Message Flow Implementation Schedule Fallback Connectivity Supporting FIN Copy

29 Slide 29 Implementation schedule Receive the information package Read the FIN Copy documentation Upgrade your CBT for FIN Copy Return the completed forms to the Central Institution for approval : FIN Copy Undertakings (2) & Service Form (1) Exchange of T&T keys with CID : ZYAAALT0 (as of now) Start FIN Copy testing Exchange of Live keys with CID : STANALTA (as of 15/12/2003) Perform testing with live destinations to ensure proper set-up Full RTGS in Live Mode (TBC)

30 Slide 30 FIN Copy Forms for participants Standard procedures and forms for participants : –FIN Copy Undertaking (2*) Form –Service Form

31 Slide 31 FIN Copy Undertaking

32 Slide 32 Service Form Page 1

33 Slide 33 Service Form Page 2

34 Slide 34 Service Form Page 3

35 Slide 35 Service Form Page 4

36 Slide 36 Service Form Pages 5 & 6

37 Slide 37 Keeping the members informed From the Central Bank  Service Profile  Project plan  Emergency scenarios From SWIFT  FIN Copy Service Description Book  UHB  Interface Documentation

38 Slide 38 Upgrade your CBT  SWIFT interface customers: swift.com download procedure  Non SWIFT interface customers: please contact your interface vendor. All interface vendors have received the service profile for this FIN Copy service.

39 Slide 39 FIN Copy patch download procedure

40 Slide 40 FIN Copy patch download procedure

41 Slide 41 FIN Copy patch download procedure

42 Slide 42 FIN Copy patch download procedure

43 Slide 43 RTGS Implementation Plan - Summary  Read FINCopy Service description   Return the Completed Forms (service & Undertaking forms)  - 05/09/2003  Upgrade your Interface (CBT)   Exchange of T&T keys with CID: ZYAAALT0  - 20/09/2003  Start FIN Copy testing  - 22/9/2003  Exchange of Live keys with the CID: STANALTA  - 13/12/2003  Perform testing with live BIC (as per Central Institution requirements)  - 15/12/2003  Full RTGS in Live Mode  TBC

44 Slide 44 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Implementation Schedule Message Flow Registration Forms Fallback Connectivity Supporting FIN Copy

45 Slide 45 Fallback Connectivity  Mandatory tests to improve the readiness of customers and protect the financial community  SWIFT customers must be able to send and receive messages every day without fail.

46 Slide 46 Fallback Connectivity 1. Market Infrastructures Customers 2. Top 100 (based on msg volume) 3. Top 101 to All others Every 3 months (1 & 2) Every year (3 & 4)  Who ?  When ?

47 Slide 47 Fallback Connectivity  How ?  Minimum a successful Login to SWIFT network for each live BIC8 via a backup SWIFT access point

48 Slide 48 Fallback Connectivity  What ? –Once the Service is in Live mode, SWIFT will contact the Central Institution –MT 999 to each individual BIC8 which is member of the Service, informing them of their obligation to do this test every 3 months starting at (date).

49 Slide 49 Fallback Connectivity  What ? –Tracking customers who do not use multiple SAPs for accessing SWIFT as normal practice –Notifying customers who do not demonstrate fallback connectivity capability –Escalation to Operations Committee

50 Slide 50 AGENDA FIN & FIN Copy concept Closed User Group Service Profile & Message Matrix Implementation Schedule Message Flow Registration Forms Fallback Connectivity Supporting FIN Copy

51 Slide 51 Online support

52 Slide 52 Supporting FIN Copy Customer Services Centre Tel: Fax: SWIFT BIC : SWHQNLNL

53 Slide 53 SWIFT Contacts  Customer Services Centre NL  Bank of Albania - Service Administrator  Regional Account Manager -Alke De Boer


Download ppt "Slide 1 Fin Copy Seminar, Albanian Interbank Payment System. Tirana, Albania: 05 September 2003 FinCopy_CUG_v1.ppt FIN Copy and Closed User Group Ali Bakhtaoui."

Similar presentations


Ads by Google