DPD & CPD – Part 4: Credit Party Derivation for Incoming and Onward Payments – Explainer Video
Blog Post Link : https://paymenttalks.com/debit-credit-party-derivation-for-incoming-onward-and-outgoing-payments-in-payment-engine/
DPD & CPD – Part 3: Credit Party Derivation for Outgoing Payments – Explainer Video
Blog Post Link : https://paymenttalks.com/debit-credit-party-derivation-for-incoming-onward-and-outgoing-payments-in-payment-engine/
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DPD & CPD – Part 2: Debit Party Derivation for Incoming & Onward Payments – Explainer Video
Blog Post Link : https://paymenttalks.com/debit-credit-party-derivation-for-incoming-onward-and-outgoing-payments-in-payment-engine/
DPD & CPD – Part 1: Debit Party Derivation for Outgoing Payments – Explainer Video
Blog Post Link : https://paymenttalks.com/debit-credit-party-derivation-for-incoming-onward-and-outgoing-payments-in-payment-engine/
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Debit – Credit Party Derivation for Incoming, Onward and Outgoing Payments in Payment Engine
Introduction In modern banking, accurate identification of the debit (payer) and credit (beneficiary) parties is crucial for smooth payment processing across global financial networks. A payment engine is responsible for handling transactions, ensuring compliance, formatting messages, and routing payments through the correct channels. However, deriving the debit and credit parties is not always straightforward, especially
Demystifying SWIFT Charge Codes: OUR/DEBT, BEN/CRED and SHA/SHAR – Explainer Video
Blog Post Link : https://paymenttalks.com/understanding-charge-codes-in-swift-payments-our-debt-ben-cred-and-sha-shar/
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Understanding Charge Codes in SWIFT Payments: OUR/DEBT, BEN/CRED, and SHA/SHAR
Introduction When making international payments via the SWIFT network, one crucial aspect that determines how charges are handled is the charge code used in the transaction. The charge code defines how payment-related fees are distributed between the sender and the beneficiary. The three commonly used charge codes in SWIFT payments are OUR, BEN, and SHA.
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Nostro, Mirror Nostro, Vostro, and Loro Accounts: A Comprehensive Guide – Explainer Video
Blog Post Link : https://paymenttalks.com/nostro-mirror-nostro-vostro-and-loro-accounts-a-comprehensive-guide/
Nostro, Mirror Nostro, Vostro, and Loro Accounts: A Comprehensive Guide
Introduction In the realm of international banking, correspondent banking plays a pivotal role in enabling cross-border transactions and financial settlements. Correspondent banking is a system where banks establish relationships with one another to provide services in regions where they lack direct presence. To facilitate these relationships, banks use specialized accounts such as Nostro, Vostro, Mirror
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Understanding Correspondent Banking: A Comprehensive Guide – Explainer Video
Blog Post Read : https://paymenttalks.com/understanding-correspondent-banking-a-comprehensive-guide/
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