Swift Interface

Hi all,

I have 2 questions.
- is T24 a true correspondent banking system? I mean when incoming swift messages DO NOT end with the receiving bank, but are to be re-routed to another entity automatically.
- is there a functionality to re-route the incoming messages automatically, based on the fields populated in T24?

no matter how I format the swift messages, the message held up in the FT hold queue.

Thanks
KK

Dear KK,

I don't have that much knowledge in autorouting of SWIFT messages.

But I think, this might be helpful for you to get some idea of autorouting in T24. Kindly check the following fields in AGENCY record,

AUTOROUTING
AUTORTE.CCY
AUTORTE.APPL
AUTORTE.BANK
AUTORTE.REGN
AUTORTE.ACCT

Meanwhile if I get some information will keep on update here :-)

Cheers

We are using SWIFT's gateway software that actually routes the message through the SWIFT network. At our bank T24 only is used to parse(generate and read) the SWIFT messages according to the SWIFT patch version installed. the generated messages are put in a folder where the gateway software picks and routes accrording.

I am 90% percent sure that T24 does not have any native solution for routing swift msgs. however there may be carriers that could be implemented to achieve this routing functionality