Demystifying ISO 20022 and SWIFT MX Messages : MasterClass
Last updated
Duration: 06:34:43 | .MP4 1280x720, 30 fps(r) | AAC, 44100 Hz, 2ch | 2.76 GB
Genre: eLearning | Language: English
Last updated
Duration: 06:34:43 | .MP4 1280x720, 30 fps(r) | AAC, 44100 Hz, 2ch | 2.76 GB
Genre: eLearning | Language: English
Full training on ISO 20022 and SWIFT MX Messages for payments, Preparation of ISO 20022 and CBPR+ phase 1 messages Exam
What you'll learn
Understand the basic knowledge to understand the concept of ISO 20022 standard
Understand the benefits of ISO 20022 and its impact on the payments industry
Gain hands-on experience in working with ISO 20022 messaging
A solid understanding of SWIFT payment flows and Standards MT messages
Work on examples of different scenarios in credit transfers and direct debit transactions
Serial and Cover Payments
Learn about direct debit mandate management and management of exceptions and investigations in ISO 20022 standard
SWIFT standards MX, CPBR+ and HVPS+
Business Application Header (head.001)
Financial Institution Credit Transfer (pacs.009)
FI To FI Payment Status Report (pacs.002)
Payment Return (pacs.004)
Bank To Customer Debit Credit Notification (camt.054)
Field/Tags/Elements of ISO 20022/MX messages
Migration from Standard MT and Standards MX for payments
Preparation of ISO 20022 and CBPR+ phase 1 messages Certification Exam Conducted by SWIFT
Requirements
No prior knowledge or experience of payment industry/products needed
Description
ISO 20022 and SWIFT MX Messages: The Complete Training Pack
Attention all payments professionals!
Are you looking to take your career to the next level? Then look no further! Welcome, to the world of ISO 20022, the future of payments and financial messaging.
The payments industry is rapidly evolving, and with the rise of new technologies, there's a growing need for a more efficient and standardized payment messaging system. This is where ISO 20022 comes in, it is a globally accepted messaging standard for financial transactions, designed to simplify and streamline the payment process.
Our comprehensive course on ISO 20022 Standard in the payments industry will equip you with the knowledge and skills you need to keep up with the latest developments and stay ahead in this competitive field. Starting from the basics it will provide you with in-depth knowledge and practical insights into the ISO 20022 Standard.
By enrolling in this course, you'll have the opportunity to:
• Understand the basic knowledge to understand the concept of ISO 20022 standard.
• Understand the benefits of ISO 20022 and its impact on the payments industry
• Gain hands-on experience in working with ISO 20022 messaging
• Understand serial and cover method payments.
• Work on examples of different scenarios in credit transfers and direct debit transactions.
• Learn about direct debit mandate management and management of exceptions and investigations in ISO 20022 standard.
• Receive a certificate of completion, demonstrating your commitment to professional development.
• You will be guided through crucial topics like MT to ISO terminology comparison, the naming convention of MX messages, MX message structure, ISO 20022: message headers- the Business Application Header, mapping of the headers with MT, usage of pain, pacs, and camt messages and you will also get to understand the usage of these messages. Then you will granularly look at the structure of messages like- Customer transfer initiation (pain.001), customer payment status report (pain.002), and FI-to-FI customer credit transfer (pacs.008).
• Learn about the usage of financial institution credit transfer (pacs.009), Fi-to-FI payment status report (pacs.002), multilateral settlement request (pacs.029), and payment return (pacs.004).
Additionally, the course will equip you with all the knowledge you need to pass the SWIFT Certified Expert Exam on ISO 20022 and CBPR+ phase 1 messaging. As this course covers all the essential topics, including ISO 20022 message structure and usage, CBPR+ regulations, and best practices for implementing these standards in financial institutions. You'll learn from expert instructors with years of experience in the industry, and receive hands-on training in real-world scenarios.
By the end of this course, you'll have the skills and confidence to pass the SWIFT Certified Expert Exam and become a recognized leader in the field of ISO 20022 and CBPR+ messaging. So why wait?
Don't miss out on this exciting opportunity to upgrade your skills and knowledge in the payments industry.
Register now and join the growing community of ISO 20022 experts!
Who this course is for:
Individuals working with ISO 20022 messages in a financial institution
Banking and payments professionals
IT and Fintech Professionals working in payments related projects
More Info