ESSP related message flow for bulked MT 103-xx
Scripted message flow
1a. Japan Post Bank sends payment instructions (bulked
MT103-xx) to PostFinance, CH via Eurogiro Gateway.
1b. ESM/ELS software release 4.3x or higher (integrated by
ESSP members) ensures T-copy of original payment
instructions (bulked MT103) or other settlement-related
messages to Eurogiro Hub.
2. Japan Post Bank sends settlement instruction (MT202) to
ESSP/NPAYDKKK (Value date D+1/2).
3. Eurogiro sends T-copies of the settlement-related
transactions to ESSP/NPAYDKKK.
4a. ESSP/NPAYDKKK initiates screening.
4b. ESSP/NPAYDKKK receives acknowledgement -
resolution of screening.
5a. If all payments are compliant, ESSP/NPAYDKKK
conducts pre-settlement and sends debit advice (MT900) to
Japan Post Bank and credit advice (MT910) to PostFinance.
5b. If any transaction included in bulk fails sanction
screening, corresponding MT202 will be cancelled and
ESSP/NPAYDKKK sends notifications (MT299) to Japan
Post Bank and PostFinance for no settlement.
Japan Post Bank
PostFinance
Eurogiro
1a
1a
1b
5a
2
5b
5a
5a
3
4a 4b
Debit advise MT900
Request payment initiation MT202 to NPAYDKKK
Forward notification MT299 - Null and void
Credit advice MT910
Forward notification MT299 - Null and void
MT 103 T-copy
Sanction screening
ESSP migration to Inpay well underway
In close cooperation with the members, ENOC and Deutsche
Postbank (as the current ESSP partner), Inpay is developing and
expanding the new Eurogiro settlement services offering, under
the project name SSP 3.0. While maintaining the key mandate
and attributes of the existing ESSP 2.0, of providing regulatory
compliant, cost-efficient, single point of entry for settlement of
EUR-payments for the Eurogiro community, the new service is
also expanding into new services and features. The new service
will be the compulsory settlement solution for the Eurogiro
Supermarket multi-service offering. In addition, it will expand
into a multi-currency solution and an improved 24/7 support
service will be an integral part of the new SSP 3.0 offering, with
new developments supporting a more profitable business for all
members.
The migration is planned for April 2019 and will be an orches-
trated “big-bang”. During December and January, members will
be introduced to the new SSP contracts, where on the technical
side, only minor adjustments to the routing tables are expected,
i.e. change of BIC from Postbank to Inpay. A new SSP user work-
shop is planned for March 2019 in connection to the migration.
In the meantime, regular updates will be communicated to all
ESSP members. For any questions please contact Eurogiro.
3
Project timeline and the roll-out of the new SSP service
Dame Damevski, Eurogiro Board Member overseeing the ESSP migration
ESSP message flow for bulked MT 103-xx remains unchanged
Eurogiro News 7
