Swift messages for funds transfer (stage1)         

By the end of this course you will be able to:

.Fully understand and practice the customer credit transfers and the financial institution transfers through studying SWIFT related messages in categories 1& 2.

. Understand the swift system and message types used in fund transfers

. Explanation of the methodology of chain Vs. cover methods of transfer

Course Outline:

. Introduction to SWIFT messages

.• MT103 single customer credit transfer

. MT103 single customer credit transfer and the cover message 202COV

.• MT202COV general financial institution transfer

. MT950 statement of account

. Common group messages

.Clearing codes identification  SPT rules

.Exercises

Target Audience:

. Funds transfer operators working in central processing units at back office operations in banks.

Prerequisites:

. Basic information about banking operations.

This course entitles you to attend:

Upon successful completion of this course, participants will obtain:

.Certificate of Attendance