Unlocking payment confirmations for all

By end 2020, all financial institutions on SWIFT will be required to confirm payments to the Tracker.

The five ways to confirm payments

Our focus is on making it as easy as possible to track and confirm payments. Full SWIFT gpi membership is open to all and provides the most comprehensive tracking and confirmation capabilities, with access to other value-added services as well. For banks who are not gpi members, we also have solutions to help you confirm payments.

1. The Basic Tracker

To support non-gpi banks with limited cross-border payments volumes, we’re introducing a Basic Tracker – a free basic version of the full Tracker that allows banks to manually confirm payments.

Through the Basic Tracker, banks will be able to meet payment confirmation requirements, access basic search and tracking features, and have an easy upgrade path to the full version of the gpi Tracker if they wish. 

Discover the Basic Tracker

The Basic Tracker

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MT199 confirm for all

2. Automated MT 199 confirmations

Many gpi members confirm payments by sending an interbank payment message (MT 199) to a dedicated gpi Tracker BIC through their existing SWIFT interface. 

This message then triggers an update to the Tracker and provides payment confirmation to the ordering bank. From November 2019, all financial institutions on SWIFT will be able to confirm payments using this method. 

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3. Confirm via API calls

Using API calls to confirm payments is a fast and efficient way to update the gpi Tracker. From the end of 2019, all SWIFT users will be able to use the gpi Connector to update the Tracker using the unique tracking code of the transaction.

Confirmation with APIs

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ESMIG ISO 20022

4. ISO 20022

From 2021, with the support of SWIFT and other key market infrastructures, the global banking community will be moving to a new messaging standard for payments: ISO 20022.

To help reduce the burden for banks and ease the transition from MT, an ISO 20022-compliant messaging standard will also be available to provide confirmations to the gpi Tracker.

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5. Batch confirmations

To make things even easier, we’re also introducing a new CSV format (Comma Separated Values) that can be used to implement universal confirmations. Batch confirmations will allow customers to reduce the implementation effort to a simple end-of-day export file from their payment application.

Batch confirmation

The CSV format will be published on swift.com/confirm in November 2019.

To implement the CSV option to confirm payments, you need to assess that your payment system (proprietary or from your supplier) supports the generation of the CSV format provided by SWIFT. As of the end of 2019, you can test your CSV data using MyStandards Readiness Portal to validate that they are format compliant.

The CSV format will be piloted in early 2020, with general availability for Alliance Access & Entry customers in mid-2020. Alliance Access or Entry will consume the CSV files and will convert each entry in the file(s) into a payment status update to the Tracker.

CSV support timeline

November 2019 CSV format publication
November 2019 CSV in AMH 4.0 via consulting services
End 2019  MyStandards Readiness Portal
Early 2020 CSV pilot phase
July 2020 Alliance Access / Entry 7.4.50 & 7.5

Other FIN interfaces and payment applications

Consult your supplier
November 2019 CSV format publication
November 2019 CSV in AMH 4.0 via consulting services
End 2019  MyStandards Readiness Portal
Early 2020 CSV pilot phase
July 2020 Alliance Access / Entry 7.4.50 & 7.5

Other FIN interfaces and payment applications

Consult your supplier
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6. Get started

Starting November 2020, you will need to be able to provide a confirmation on the status of all inbound MT 103 messages to the Tracker.

Ready to get started ? Log in to my SWIFT and access all the documentation you need to help you meet these new requirements.

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