FUNDS TRANSFER TRANSACTION

  • 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 Transaction

    For this transaction using a private server.