ISO 20022 : Elephant in Room – Payment and Reporting – MT-MX

ISO20022 is big in nature, We slice it in blocks to make it small consumable.

Lessons

• Lesson 1 : Why ISO20022

  01  : Why ISO20022 now?
  02 : How it is organized ?
  03 : Corresponding MT ?

• Lesson 2 : MT-MX Basics

  01  :  MT-MX Basic Difference

  02 :  MT Terminology Mapping
  03 :  MX Terminology Mapping

  04 :  Standardization of Keywords

• Lesson 3 : Adoption Areas and Reference Ids

  01  :  ISO20022 Adoption for MIs
  02 :  ISO20022 Adoption Areas
  03 :  Reference Number in ISO20022 ️Purpose and Usage
  04 :  Reference Number in ISO20022

• Lesson 4 : Agent and Parties

  00 :  From Debtor view (pain.001)
  01  :  From Debtor bank view (pacs.008) – first bank
  02 :  From Correspondent view (pacs.008) – next bank
  03 :  From Intermediary view (pacs.008) – second last bank

• Lesson 5 : Fund Transfer Methods

  01 :  Transfer Methods
  02 & 03 :  Customer Transfers
  04 & 05 :  Bank to Bank Transfers
  06 :  Want to hear from you

• Lesson 6 : Returns

  01  :  Understand MT Returns
  02 :  ISO20022 R-Transactions
  03 :  R-Transaction Use Case

• Lesson 7 : MT-MX Conversion

  01  :  MT to MX Conversion
  02 :  Conversion Space and Solution
  03 :  In Flow Translation Transfers
  04 :  Transaction Manager

• Lesson 8 : Request for Cancellation

  01  :  What is E&I Message
  02 :  SWIFT MT and SWIFT gpi – Request for Cancellation
  03 :  ISO20022 – Request for Cancellation Standardization

• Lesson 9 : Information to Parties and Agents

  01  :  Information and Instruction
  02 :  Instruction to Parties
  03 :  Information to Agents

• Lesson 10 : Charge Options

  01  : Important Fields in Charge Details
  02 : Beneficiary borne Charge
  03 :  Shared Charge option
  04 & 05 : Debtor borne Charge (Normal and GOUR)

• Lesson 11 : Reporting Messages

  01  :  Types of Reporting
  02 :  Customer Statement
  03 :  Customer Advice

Message Deep Dive

• Deep Dive pacs.008 and MT103

Key Highlights

• Each Lesson comes with set of question to check your understanding

• At the end, we conclude and provide a bundle of question as quick validation and recap

• 150 questions which are unique and push you to understood this topic well

This course is created for all who wish to learn ISO 20022, although it will be better if student has some basic understanding of payment before starting the course.

Who this course is for:

• Those who wish to tackle the ISO20022 like Champ … See you in the course