Payments and cash management for Hong Kong RTGS

Learning channels: Classroom course On-site training  

During this customised course, you will receive detailed information on payments, cash management and reconciliation messages sent between participants and between participants and HKICL.


Audience

This course is targeted at staff who need to learn the fundamentals about SWIFT payments e.g., transaction preparation, handling and reconciliation of customer and bank payments, as well as at business analysts and IT staff.

Prior knowledge

Participants should have completed the classroom course or eTraining package Basics — your passport to SWIFT.

Duration

The course duration depends on the learning channel you choose:
  • Classroom course: 1 day
  • On-site training: as per your requirements


You will learn how to

  • Use SWIFT FIN Copy for Hong Kong RTGS
  • Generate and interpret SWIFT customer and bank payment messages
  • Make fewer mistakes in the data input in your payment messages to achieve higher STP rates
  • Find the correct information fast by knowing where to look in the SWIFT standards
  

Course content

During this one-day course, various case studies and exercises illustrating market practices will guide you through the following messages:

  • Customer credit transfer (MT 103) and financial institution transfer message (MT 202) using FIN Copy
  • Nostro reconciliation and referencing (MT 900, 910, 920, 950)
  • Financial markets direct debit transfers (MT 204)
  • Cancellations (MT 292, MT 296)
  • Proprietary messages (MT 298)