Have you implemented the “Request for Yes Comment: Transfer” service, as defined by SWIFT, on a No bilateral basis with Nordea Bank Finland i.e. are you able to process “Request for Transfer” instructions forwarded to you in MT101 format by Nordea Bank Finland? Are you able to execute the outgoing payments in Yes Comment: response to incoming “Request for Transfer” No instructions as Same-Day Value payments in accordance with the schedule defined in eSett’s Operating Procedures? (See Appendix 1) When executing Same-Day Value payments in Yes Comment: response to incoming MT101 messages, are you No able to include in the remittance information field of the outgoing payment message (MT103 field 70) at least the 35 first characters of any remittance information supplied in field 70 of the incoming MT101 message? In the case that the execution of a Request for Transfer instruction issued by eSett should fail, how will eSett get notified about this? In your implementation of the “Request for Yes Comment: Transfer” service, are you fully compliant with the No “Request for Transfer Service Level Rules & Regulations” issued by SWIFT? Balance reporting Are you able to report the BRPs’ end-of day Yes Comment: account balances in standard MT940 format as No defined by SWIFT? By what time will the end-of-day balance reports be available for retrieval? How can eSett get information about the BRP’s transactions and account balances during the day in cases when this is needed? Are you able to report the BRPs’ intra-day Yes Comment: account balances in standard MT941 format as No defined by SWIFT? NB: MT941 reporting is not a requirement by eSett but nevertheless valuable if it can be provided.
Have you implemented the “Request for Transfer” service, as defined by SWIFT, on a bilateral basis with Nordea Bank Finland i.e. are you able to process “Request for Transfer” instructions forwarded to you in MT101 format by Nordea Bank Finland? Yes No Comment: Are you able to execute the outgoing payments in response to incoming “Request for Transfer” instructions as Same-Day Value payments in accordance with the schedule defined in eSett’s Operating Procedures? (See Appendix 1) Yes No Comment: When executing Same-Day Value payments in response to incoming MT101 messages, are you able to include in the remittance information field of the outgoing payment message (MT103 field 70) at least the 35 first characters of any remittance information supplied in field 70 of the incoming MT101 message? Yes No Comment: In the case that the execution of a Request for Transfer instruction issued by eSett should fail, how will eSett get notified about this? In your implementation of the “Request for Transfer” service, are you fully compliant with the “Request for Transfer Service Level Rules & Regulations” issued by SWIFT? Yes No Comment: Balance reporting Are you able to report the BRPs’ end-of day account balances in standard MT940 format as defined by SWIFT? Yes No Comment: By what time will the end-of-day balance reports be available for retrieval? How can eSett get information about the BRP’s transactions and account balances during the day in cases when this is needed? Are you able to report the BRPs’ intra-day account balances in standard MT941 format as defined by SWIFT? NB: MT941 reporting is not a requirement by eSett but nevertheless valuable if it can be provided. Yes No Comment:
eSett-Settlement-Bank-Questionnaire_new2.docx