Course Objectives

• This Course Objective Hasn't Been Provided Yet

Target Audience

Banking Operations, Information Technology, Payment Systems, Compliance, Payment Department and SWIFT Department.

Module 1 - Introduction

 · Explore what ISO 20022 is, and what its not

 · Potential obstacles to the ISO 20022 adoption

 · Recap the essential milestones of the ISO 20022 adoption

 · Introduce the new terms and the CBPR+ (Cross-Border Payments and Reporting+) Guidelines

 · Introduce the ISO 20022 messages in scope of CBPR+ 

Module 2 – Payment Flows and Primary concepts

 · Explore the components of the ISO 20022 message identifier

 · Acquire the XML knowledge required to work with ISO 20022 messages

 · Introduce XML schemas, instances and elements

 · Introduce terminology used in ISO 20022 and compare with Standards MT equivalents

 · Explore the payment flows using the Serial and the Cover method 

Module 3 – Using MyStandards and CBPR+ usage guidelines

 · Introduce sources of information available to help with the adoption

 · Explore each source of information · Introduce and work with MyStandards

 · Emphasise the importance of data sources for future implementation tasks

 · Explore the preferences and restrictions of the CBPR+ Guidelines

 · Introduce the difference between a pacs.008 and a pacs.008 which complies with CBPR+ Guidelines

Module 4 – Exploring pacs.008 and pacs.002

 · Explore the CBPR+ Guidelines related to the pacs.008 with MyStandards

 · Explore the options used to identify a Party, Agent and Account in ISO 20022 messages

 · Explore the relationship between elements of pacs.008 and fields in Mt103

 · Allow participants the opportunity to practice working with the pacs.008 through various business scenarios and apply learning from the session

 · Introduce the pacs.002 for status reporting 

Module 5 – Exploring camt.054 and overview of the camt.052 and camt.053

 · Introduce the payment ows with camt.054, camt.052 and camt.053

 · Explore the CBPR+ Guidelines related to camt.054

 · Reinforce the importance of MyStandards when working with camt.052, camt.053 and camt.054

Module 6 - Exploring pacs.009 and pacs.004

 · Explore payment ows with pacs.009 messages using the Serial method

 · Explore payment ows with pacs.009 messages when used as a cover message for the pacs.008

 · Allow participants the opportunity to review in detail, each of the elements used in the pacs.009 as specified in the CBPR+ Guidelines detailed in MyStandards

 · Explore the relationship between elements of pacs.009 and elds in MT 202 and MT 202 COV.

 · Allow participants the opportunity to create pacs.009 messages based on a number of given business scenarios

 · Introduce the pacs.004 for payment return

Module 7 – Recap, Next Step and Adoption Support

 · Recap the learning from the course

 · Summarise reference material and tools available to support the ISO 20022 Adoption

 · Share details of region-specific activities being undertaken by SWIFT to support the ISO 20022 Adoption

 · Introduce the tools available to support ISO 20022 Adoption:

 - SWIFTSmart - MyStandards Readiness Portal (Sandbox)

 - Translator Sandbox - MyStandards Sparring Partner

 - InterAct Test Service

 · Recap the additional support that SWIFT Professional Services can offer

Module 8 – HVPS+

 · Focussing on HVPS+ and the differences with CBPR+

This course hasn't been scheduled yet, however you can request for In-House training