swift reference data for effective payments
Post on 13-Apr-2017
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SWIFT Reference Data for Effective
Payments
Tom Alaerts
Head of Business Solutions, Asia Pacific, SWIFT
Who’s the AUD-correspondent of
China Everbright Bank?
What is the CHIPS id of Zion First
National Bank Is this SWIFT BIC
still active?
Your needs..
Is it a bank holiday in Canada?
What is the national
clearing/sort code of Bank of
Thailand?
What is SWIFT BIC of Banco Real
in Argentina?
Where can I find the currency
code for
the Columbian Peso
What is the financial
situation and credit rating of
Oberbank in Austria?
Is this IBAN valid?
The paper BIC Directory is not sufficient !
Our solution
Local Operating
Units
National Bank/Sort codes
Financial institutions
Financial
information
providers
All the reference data you need
Worldwide, Accurate, Up-to-date, Any time and from a Single source!
Legal Entity
Identifiers (LEI),
Business
Registration Numbers (BRN)
Standard Settlement
Instructions, IBAN and
SEPA data
CNAPS-codes, IFSC-
codes, CHIPS codes,
GIIN codes
Central banks,
Banking associations,
tax authorities
Credit ratings,
annual reports,
shareholding data
IBAN format (ISO13616)
BIC (ISO9362)
LEI (ISO17442)
MIC (ISO10383)
4
Bank
holidays
Payments
Routing
information
817,000
Standing
Settlement
Instructions
941,000 National bank
identifiers (181 countries)
250
Country
codes
IBAN data of
71 territories,
including
36 SEPA
countries
417,000
LEIs
179
Currency
codes
140,000
local
language
codes
Credit
ratings
18 SEPA
Clearing
Systems
112,000
BICs
190,000
GIINs
SWIFTRef data
Bankers World Online – for manual lookup
• Worldwide bank identifiers
• Bank Standing Settlement Instructions
• IBAN/SEPA data for 68 IBAN countries
• Participation in Market Infrastructures
• Credit ratings, financial data, shareholder info, entity data,
Executives overview
• Currency & country codes , Country profiles
+ Extensive holiday data
+ History details on Top 500 banks
+ Banking Sector Risk per country
+ Regulator, central bank and national ID knowledge
per country
+ Consolidated bank overview (.pdf)
For flawless payments processing, regulatory reporting and exploration
of new counterparties
Institution details
Sample view for one institution
Payments data overview
Legal entity and regulatory info
Europe Albania France Kosovo Portugal
Andorra Georgia Latvia Romania
Austria Germany Liechtenstein San Marino
Belgium Gibraltar Lithuania Serbia
Bosnia and Herzegovina Greece Luxembourg Slovakia
Bulgaria Greenland Macedonia Slovenia
Croatia Guernsey Malta Spain
Cyprus Hungary Moldova Sweden
Czech Republic Iceland Monaco Switzerland
Denmark Ireland Montenegro United Kingdom
Estonia Isle of Man Netherlands
Faroe Islands Italy Norway
Finland Poland
Non European
countries and
territories Azerbaijan Mauritius
Bahrain Pakistan
Brazil Palestine, State of
Costa Rica Qatar
Dominican Republic Saudi Arabia
Guatemala Mauritania
Israel Mauritius
Jordan Timor-Leste
Kazakhstan Tunisia
Kuwait Turkey
Lebanon United Arab Emirates
Mauritania
Up to date IBAN info for correct payments to…
Sample view of IBAN Validator
Payments Plus (all the above + more)
IBAN & SEPA
DATA • Validate IBANs and BIC codes
• Find BICs from IBANs
• Construct IBANs from BBANs
BANK DATA • Identify Financial Institutions
• Find or cross-reference identifiers
(BIC, LEI, GIIN, BRN, bank IDs…)
• Validate bank details
• Understand ownership hierarchy
• Understand financial institution’s
membership in Market Infrastructures
run over SWIFT or other network
SWIFTRef files-portfolio for automation (selection)
Bank Directory Plus (BICs & national IDs)
IBAN Plus SSI Plus
SSI DATA • Find the correspondent bank
• Find the intermediary bank
• Scope = commercial payments,
FX, MM
(*) not included in Payments Plus
Entity Plus (legal Ids & ownership)
BIC Directory / Bic Plus
Bank Directory Plus record sample
Name: RBTT BANK ARUBA N.V.
Address: Italiestraat 36, Oranjestad, Aruba
SWIFT subtype, status: SUPE, BANK
Office type, legal type: HO, Legal
Group key: RBTT
National ID: 100001080
CHIPS UID: 315440
BIC: RBTTAWAW XXX
LEI: 00265873382965200176
IBAN Structure file
country name: ITALY
IBAN country code: IT
bank identifier – position & length: 6, 5
branch identifier – position & length: 11, 5
account number – position & length: 16, 12
IBAN total length: 27
IBAN: IT35Z0200809429000060010264
IBAN Plus record sample
institution name: UNICREDIT PRIVATE BANKING
city: MILANO
country: ITALY
IBAN NATIONAL ID: 0200809429
IBAN BIC: UNCRITMM
SCT: Y
SDD CORE: N
SDD B2B: N
IBAN: IT35Z0200809429000060010264
BIC: UNCRITMM
SSI Plus purpose
•correspondent bank/intermediary look-up
• per currency
• per payment type (retail, FX, MM)
New directory - Entity Plus – Identifiers and Regulations
Dodd-Frank, EMIR, KYC, AML, Basel III and BCBS 239, MiFID II,
Solvency II, AIMFD
BRN
FATCA Foreign Account Tax Compliance Act GIIN
LEI
Reporting to local tax authorities
November 2015 situation*:
• 21 regulations require LEI
• 22 regulations require either LEI or another identifier
Identifiers cross-referencing
ING Belgie N.V. (BE)
LEI JLS56RAMYQZECFUF2G44
BIC INGBBEB1XXX
GIIN 5B7B1V.00004.ME.056
BRN 403.200.393
EID 000S3RC
Legal Entity, Domestic or Foreign branch
Financial entity, non-financial entity
Banking, insurance, investments, real-
estate, fund, …
Identifiers Entity Classification
Name(s)
Address
Status
Attributes
Valid dates
Available and maintained
• All LEIs and BRNs
• All BIC codes & links to national
clearing codes
• All GIIN codes
• All MIC codes
• Alternative names
• Previous names
• Updated daily
OWNER EID 000Q006
EID 000MHJS EID 000MHJQ
EID 000PGXZ
EID 000QOLZ
EID 000MCT1
EID 000S3RC
Entity Relationships
ING Bank N.V.
ING Group N.V.
NN Group N.V.
OWNER OWNER
100% 68%
Branches ING Bank N.V.
(Rotterdam)
ING Belgium SA/NV
ING Bank
N.V. (London)
HEADOFFICE HEADOFFICE OWNER
17
ULT PARENT ULT PARENT
Legal
Entities
32%
Ultimate
Parent
100%
In progress:
Branches’ head-office entities (Done)
Ultimate Parents for 7,500 Financial Institutions (May 2016)
Parents and Ultimate Parents for Connected BICs (Aug 2016)
Parents and Ultimate Parents for Unconnected BICs (Feb 2017)
Parents and Ultimate Parents for GIINS (Jan 2018)
FULLY RELATIONAL
• All data are interlinked for easy integration in
B.O systems and applications
FLEXIBLE • Any delivery channel
(online, manual or automated file download,
FileAct, API webservices)
• Any syntax (TXT, XML)
• ERP/SAP compatible
• Packaged in function of your
needs and budget
WORLDWIDE • All BICs worldwide
• Bank identification codes
• IBAN/SEPA data
• LEIs
• SSIs
SWIFTRef in a nutshell
ACCURATE • From authorised data-originators only
• Maintained directly by the data providers
• Daily or Monthly updates available
• No manual maintenance needed
www.swift.com
India Business Forum - Business Intelligence Insights 19
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