FUNDS TRANSFER TRANSACTION
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Funds transfer transactions on ledger
Categories in the Banking System for this Transaction Consist of:
1. SWIFT MT 103 GPI
2. SWIFT MT 103 wire transfer
3. SWIFT MT 103 cash transfer
Funds transfer transactions off ledger (Non-Banking system/Private Server) refer to all transactions that occur outside the on-ledger category, including:
1. SWIFT MT 103 semi automatic, manual download
2. SWIFT Normal Transaction
3. SWIFT FIN Transaction
4. SWIFT GPI Transaction
5. SWIFT IP to IP Transaction
6. SWIFT RE-DIRECT TransactionFor this transaction using a private server.