Beruflich Dokumente
Kultur Dokumente
Scope of Presentation
Adoption of ISO 20022 in India
Strategy
Approach
Implementation
Future Possibilities
Dr A S Ramasastri
CGM in Charge, DIT, RBI
Dr A K Hirve
CGM, DIT, RBI
Membership
SBI, HDFC Bank, HSBC Bank, ICICI Bank and ING Vysya
Bank, CCIL, NPCI, IDRBT, DPSS, DGBA and DIT
During benchmarking, it was observed that these messages are, in fact, processed more
efficiently, and
have versatile content structure for better MIS and regulatory reporting.
provide opportunities in other business areas such as Corporate Treasury Management, Trade
Finance
marginal cost for implementation, technical feasibility and other advantages, working group
suggested proactive adoption of ISO standards
Member banks suggested to implement it early as it will help in back to back automation upto
the customer end.
Message Name
Use of message
Used version
pacs.002.001
Additional Information
FIToFIPaymentStatusReport
Yes
V04
pacs.004.001
PaymentReturn
Yes
V03
pacs.008.001
FIToFICustomerCreditTransfer
Yes
V03
pacs.009.001
FinancialInstitutionCreditTransfer
Yes
V03
BankToCustomerStatement
Yes
V03
BankToCustomerDebitCreditNotification
Yes
V03
camt.053.001
camt.054.001
Message Name
Use of message
Used version
Additional Information
Admi.004
SystemEvent Notification
Yes
V01
Camt.998
Broadcast Message
Yes
V02
Head.001
Yes
V01
Pacs.009
IDL Request
Yes
V03
Pacs.009
IDL Response
Yes
V03
Pacs.004
IDL Reversal
Yes
V03
Dr A S Ramasastri
CGM in Charge
DIT, RBI
Thank You