Across
- 2. A unique identifier for a specific financial institution
- 5. Financial institution deleting information from the wire transfer message
- 6. Movement of funds from one deposit account to another in the same bank
- 8. Payment-integration initiative of the European Union for simplification of bank transfers denominated in Euro
- 11. Releasing outgoing funds
- 14. Receiving incoming funds
- 15. Act like the hub of a wheel
- 19. Digital transaction between two parties
- 21. HSBC payment filtering system
- 26. Currency of the payment is not native to the receiving country
- 27. These fields must be present in the SWIFT for it to be effective
- 28. The party whom making the payment
- 29. Continuous and real-time settlement of fund-transfers
- 31. The party whom receiving the payment
- 32. A country's system of monetary exchange
- 33. Russia currency code
- 34. Single Customer Transfer
- 35. Payment that takes place between two different banks or institutions within the same country
- 37. One of the 3 Factors are considered to route a payment to its destination
- 38. Complete and accurate information on all parties to a payment transaction
- 40. An electronic method of transferring funds, utilized primarily for overseas wire transactions
- 41. An international standard for identifying bank accounts across national borders
- 42. Two correspondents are used for the payment transfer
Down
- 1. An account that a bank holds in a foreign currency in another bank
- 3. Financial transactions where the payer and the recipient are based in separate countries
- 4. Acts as the gateway between the Group’s back office Systems and the SWIFTNet FIN service
- 7. Field specifies the value date, currency code and amount of the charges
- 8. Only one message is initiated by the sender to settle the funds
- 9. International organization comprises of European countries which governs common economic, social and security policies
- 10. Ordering and Beneficiary bank do not have a Accounting/Direct relationship hence this routing method is used
- 12. Account that is maintained by one domestic bank for another domestic bank in the form of a third party account
- 13. customer re-submits a payment without a reference to the sanctioned entity
- 16. Universal payment language
- 17. Mechanism that automates the end-to-end processing of transactions of the financial instruments
- 18. The time after which we cannot electronically process a payment for a given day
- 20. The Clearing House Interbank Payments System
- 22. Financial institution which initiates the fund transfer
- 23. The date that customer wants the funds to be credited to the beneficiary
- 24. CENTRAL AFRICAN CAMEROON currency code
- 25. Routing used when the currency of payment transfer is native to either the Ordering or Beneficiary Bank.
- 30. An account a correspondent bank holds on behalf of another bank
- 36. Middleman between an issuing bank and a receiving bank
- 39. The institution designated by the ordering customer, at which the beneficiary will receive the transfer payment