If there’s 4 bank in the line and all 4 bank have GPI, do the intermediary also have to submit the MT199 confirmation ? Or only initial bank and final beneficiary bank needs to submit the MT199 confirmation ?
@@kkoul9196 and can you please help me where i can do the GPI tracking??? i'm exhausted searching for means and ways to track my swift transfer whihc was done on the 30th september
@@diliang53 kindly contact your bank and ask them to confirm the updated status of the payment. Also, get the swift message copy of the payment and verify the value date (for MT103, it's in field 32A) is the date your payments were effected to be processed. Thank you!
can you please help me where i can do the GPI tracking??? i'm exhausted searching for means and ways to track my swift transfer which was done on the 30th september
I do not fully agree with the information in the video especially the 199 aspect...all FIN 103 single credit transfers are interbank settlement. All confirmations of credit and debit reflects on both the sending and receiving bank screen. MT 199 confirmation is rubbish. 199 is not a confirmation of payment, rather is notification that a financial transaction is about to take place. And the 199 is mostly used when you're transmit either a financial instrument like sblc, BG etc. Is of no use when sending an MT 103 gpi swift. Anyways takes for the lecture.
Agree MT199 doesn't mean payment is confirmed, that is why we have different status codes inside the MT199 indicating the status of the payment. But MT199 is officially called by Swift as Universal Confirmation message. But thanks for your valuable inputs, much appreciated.
GPI cant be Manual Download at all , GPI manual download is the Electronic funds inside the folders which comes by push from global server to common account either to Global swift ( need to log in by pin ) in General its only H……r job and 90% can be failed coz the actual price of software to keep the folder alive and out of virus cost more than 300k$ in black market and that will works only for one line to inward , DONT waste your time sir
Amazingly explained. Thank you so much for putting this on CZcams x
Thanks for your kind words ! Much appreciated
Pushed to Non-GPI Agent I am getting this message sir from last 6 days
Simply super, easy to understand. Great effort. Much useful.
Thanks so much for the feedback
Plz assist is there any special code is assigned to the banks . I Heard that 3digit code is assigned plz light on this
Thanks bro! Appreciate your time!
Thanks so much
does the initator or sender receive any mt199 tracker when the funds credit to beneficiary's account？
thank you !! it is very well explained. great video!
thanks so much for the feedback
If there’s 4 bank in the line and all 4 bank have GPI, do the intermediary also have to submit the MT199 confirmation ? Or only initial bank and final beneficiary bank needs to submit the MT199 confirmation ?
All the parties involved in the payment chain needs to send MT199 to GPI tracker
@@kkoul9196 and can you please help me where i can do the GPI tracking??? i'm exhausted searching for means and ways to track my swift transfer whihc was done on the 30th september
@@diliang53 kindly contact your bank and ask them to confirm the updated status of the payment. Also, get the swift message copy of the payment and verify the value date (for MT103, it's in field 32A) is the date your payments were effected to be processed. Thank you!
can you please help me where i can do the GPI tracking??? i'm exhausted searching for means and ways to track my swift transfer which was done on the 30th september
@stevenirecommendcalcecodeo1192 how can I get in touch with you?
Thank you, please can you have a workshop on ISO20022. I would be more interested in learning ISO20022
Sure would do that
@@TheFintechTechie thank you sir. Please drop in your number or an email ID that I can connect to you with. Thank you again.
Isn't MT103 direct from originator to beneficiary?
Not always..there can be a serial mt103 as well
Very useful. Thank you, sir.
Thanks for your encouraging words
What’s dominance line code when you send MT103 FTP mode? Dose anyone know?
great stuff
I do not fully agree with the information in the video especially the 199 aspect...all FIN 103 single credit transfers are interbank settlement. All confirmations of credit and debit reflects on both the sending and receiving bank screen. MT 199 confirmation is rubbish. 199 is not a confirmation of payment, rather is notification that a financial transaction is about to take place. And the 199 is mostly used when you're transmit either a financial instrument like sblc, BG etc. Is of no use when sending an MT 103 gpi swift. Anyways takes for the lecture.
Agree MT199 doesn't mean payment is confirmed, that is why we have different status codes inside the MT199 indicating the status of the payment. But MT199 is officially called by Swift as Universal Confirmation message.
But thanks for your valuable inputs, much appreciated.
Who generates UETR for the whole transaction
Is it Bank A, B or C or is it Swift?
It is bank A ..the bank from the payment first originated. BANK A payment processor would need to auto generate the uetr
@@TheFintechTechie Thank you so much
What is gpi manual download
GPI cant be Manual Download at all , GPI manual download is the Electronic funds inside the folders which comes by push from global server to common account either to Global swift ( need to log in by pin ) in General its only H……r job and 90% can be failed coz the actual price of software to keep the folder alive and out of virus cost more than 300k$ in black market and that will works only for one line to inward , DONT waste your time sir
@@linuxexp518 What’s dominance line code? When you send MT103 FTP mode.
Mic and recording quality should be better but content is good
Thank you for the feedback ! would improve upon the same.