SWIFT gpi for Corporates for

application providers

Sabrina Fromager, gpi for Corporates Adoption Manager, SWIFT

Michel van Velthoven, Vendor Engagement team, SWIFT

You will hear silence until we begin.

 Welcome and thank you for joining our webinar
SWIFT gpi for Corporates for application providers

Before we start, please find some useful instructions here below

Connect to audio Keep in mind

o Webex allows direct connection to webex o Your phone is on mute when you join
audio, for which you may need to attach a
headset to your computer o You will hear silence until the session begins

o You can also connect to audio by phone. o You can ask questions by using the Q&A
Click on the telephone icon window. Submit your question to all panelists
or go to the ‘communicate’ tab at the top of
your screen to see the dial in numbers o This session will be recorded

o You will receive a copy of the presentation

-Event number/ Access code: 137 645 5329
-Event password from phones: 83535397
SWIFT gpi for Corporates for
application providers

Sabrina Fromager, gpi for Corporates Adoption Manager, SWIFT

Michel van Velthoven, Vendor Engagement team, SWIFT

17th November 2020

SWIFT gpi is seeing unparalleled growth in adoption, traffic and
corridors*

Very large
community
4,143+ 766 208 87+%
financial institutions banking groups countries covered SWIFT cross-border
signed (60 of top 60 banking groups) payments represented

Millions live
payments
1,089+ 2,261+ $376 bn 70+%
live gpi members country corridors payments sent as gpi cross-border
every day MT103 sent as gpi

On average, 38% of SWIFT gpi
Delivering payments are credited to end
real value beneficiaries within 5 minutes,
Over 53% within 30 minutes,
76% within 6 hours,
almost 100% within 24 hours
Banks have seen significant Positive reactions
reduction in number of from corporates
payment enquiries and
quicker investigations
handling

*Swift gpi – November 2020

We know that corporates with multiple banking
partners require a seamless cross-border
payments experience.

Speed, certainty and fee

transparency are all key elements to
running effective treasury and cash
management processes.

Thanks to SWIFT gpi and its tracking

capabilities, we have been able to
propose a service adapted to these
multi-banked corporates.
Corporate offering by gpi banks

Basic service Premium service

gpi for Corporates

Integration in Integrated in
Visibility through e-banking portals ERP/TMS
bank support

For who : working with few For who : Multi-bank

For who : sending few
banks customers or High volume of
payments
payments sent & received
Corporate experience

Speed, transparency, unaltered remittance = = =

Tracking through support desk = = =
Self service tracking in e-banking X = =
Multi-bank payment initiation & tracking X X =
Generation of tracking reference by corporate X X =

SWIFT gpi for Corporates Webinar_20201117 6

gpi banks can use APIs to integrate the Tracker into their customer
channels
Multi-National
Company
Automated channels
O
/ IS
FIN

The Tracker
Host to Host
ERP / TMS
APIs

Small &Medium
Enterprise

e-Banking portal

SWIFT gpi for Corporates Webinar_20201117 7

gpi for Corporates adoption

SWIFT gpi for Corporates Webinar_20201117 8

SWIFT gpi for Corporates
Overview of participants*

Growing number of
subscriptions, in particular
with Inbound Tracking
enhancing the service

Key facts:
 81 Participants :47
corporates & 34 FIs
 8 of the top10 GTB banks
 235+ live BICs
 383+ testing BICs

(*) Not exhaustive

SWIFT gpi for Corporates Webinar_20201117 9
gpi for Corporates portfolio

SWIFT gpi for Corporates Webinar_20201117 10

SWIFT gpi for Corporates – The portfolio

Corporate
Receivables Payables

Inbound tracking Pay & trace

Live Live
Provides visibility on incoming payments and leverages Optimizing your cross border payments with
insights such as proof of execution, short term transparency and tracking capabilities directly integrated
forecasting and real time confirmation of credit in your treasury dashboards

Supporting features

Corporate-to-bank channels: FIN Live – ISO Live – API Pilot

Notification Management (for banks only) Pilot

g4C Directory Live

g4C service level agreement (Rulebook)

SWIFT gpi for Corporates Webinar_20201117 11

Pay & trace
gpi for Corporates confirmations
gpi payments tracker
Debit confirmation (ordering corporate)
Credit confirmation (beneficiary account)
Delivery confirmation (bene bank)
Rejections
Pending
3
MT 101 + UETR, pain.001 + UETR(s)

TMS/ERP
1 2
4 MT 103 + UETR & MT 103 + UETR &
STI:001 STI:001
MT 199 + UETR & STI:003 / pain.002 /API*

Ordering corporate Instructing gpi Agent Beneficiary

Corporate generates and Bank creates MT103 Tracker delivers B2C Instructing bank relays
1 includes UETR in the 2 including UETR 3 specific confirmations 4 back to ordering corporate
payment instruction generated by the to Instructing bank (MT 199 / pain.002)*
(MT 101 – unitary payment / corporate as-it-happens
pain.001 – unitary and bulk
payments)

*Banks can send MT199/pain.002/API (single transaction confirmation as-it-happens) in mutual agreement with their corporate pairs.

SWIFT gpi for Corporates Webinar_20201117 12

Corporate-to-bank ISO adoption – Introducing trck.004 for Pay and trace

2020 2021 2022

‘Prepare’ ‘Launch’ ‘Enhance’

• Harmonise and adapt • Introduce trck.004 • Banks activate tracker

trck.004 to P&T as an alternative C2B
specificities msg type
• Define standard • Mapping by banks from
specifications and T2B MT199 / API
update
documentation • gpi tracker ‘generated’
T2B trck.004*(from SR
Nov21 tbc)
‘generated’ T2B
trck.004* (from SR
Nov21 tbc)
• Banks can relay
trck.004 to corporates
without additional dev.

Ambition: future-proof solution aimed at reducing banks/corporates

implementation impacts while offering maximum flexibility (choice between
trck.004 and pain.002)
*Available for P&t and Inbound tracking
SWIFT gpi for Corporates Webinar_20201117 13
Inbound tracking
gpi tracker data base
Field 50: Ordering customer (account, account owner, BIC) g4C confirmations
Field 59: Beneficiary customer (account, account owner, BIC) Payment notice (MT 103 detected for g4C Bank)
Field 70: Remittance data Delivery confirmation (at beneficiary bank)
Credit confirmation (at beneficiary account)
If 57A = g4C beneficiary agent Pending (on-hold for more than 6h)
2 3 Rejection
MT 199 / API
Payment STI:007

$ 1 4 TMS/ERP

MT 103 + UETR MT 103 + UETR FIN / ISO /API

STI:007

Ordering corporate Beneficiary bank Beneficiary corporate

Payment is initiated in the Tracker identifies gpi for Tracker delivers gpi for Beneficiary bank relays
1 SWIFT network (MT 103) 2 Corporates beneficiary 3 Corporates confirmations 4 back to beneficiary
bank and extracts to beneficiary bank corporate as-it-happens
payment details (FIN/ ISO/API in Pilot)

SWIFT gpi for Corporates Webinar_20201117 14

Inbound Tracking Pilot participants
Banks Corporates Treasury applications
Pilot

Early Adopters

SWIFT gpi for Corporates Webinar_20201117 15

C2B reporting dataset New for
Inbound Tracking
Pay and trace Inbound tracking
Date & time 26 April 2018 – 18:00 CET Date & time 26 April 2020 – 18:00 CET

gpi status Credited gpi status Credited

Status originator Save with us Bank (SBWUDE33) Status originator Save with us Bank (SBWUDE33)

Instructed/
Instructed Amount
125.000 USD Confirmed Amount 125.000 USD
and currency
and currency
Confirmed Amount
101.020 EUR Value date 2 May 2020
and currency
Best supplier company scrl.
Value date* 2 May 2020 Creditor Information
BE497132547698621

Remittance Info Invoice reference 723321.2

de Credito
Banca Mexicana

Cash bank

bank
Save with us
Routing
Routing

de Credito
Banca Mexicana

Cash bank

bank
Save with us
Optional
Save with us Bank
FX information
USD to EUR exchange rate: 1.22
Optional
Deducts
Cash bank: - 20 EUR Good Client Ltd.
information Debtor Information
GCLIUKMA
Charge code SHA
Save with us Bank
*Enhancement planned in g4C SR2020 FX information
USD to EUR exchange rate: 1.22

Deducts
Cash bank: - 20 EUR
information

Charge code SHA

SWIFT gpi for Corporates Webinar_20201117 16
Supporting features

SWIFT gpi for Corporates Webinar_20201117 17

The gpi API portfolio – Now extending to g4C corporate-to-bank!

g4C corporate gpi/g4C bank gpi bank

NEW
Corporate-to-Bank Bank-to-Bank

 g4C Pay and trace (confirmations)  Pre-validation

 g4C Inbound tracking
(notifications)

Tracker-to-Bank
 Customer credit transfer
 Cover payments
 Financial institutions transfers
 Instant payments
 Stop & recall
 Case resolution
 g4C Pay and trace
 g4C Inbound tracking

gpi Tracker
SWIFT gpi for Corporates Webinar_20201117 18
g4C Corporate-to-Bank APIs – Objectives and scope
OBJECTIVES

 Standardise the corporate-to-bank g4C API channel for multi-banked corporates;

 Offer any g4C bank with the capability to offer an API channel to their corporates. Different consumption
models have been designed

g4C corporate-to-bank tracking APIs

gpi payments tracker
SCOPE

FIN FIN FIN FIN

ISO ISO ISO ISO
API API API API
g4C ordering
g4C beneficiary
corporate
NEW NEW corporate

Pay and trace confirmations Inbound tracking notifications

SWIFT gpi for Corporates Webinar_20201117 19

Key features

Tracking & payment insights Corporate to bank rulebook gpi for Corporates Directory

Treasury Management Readiness SPOC

CPD Participant name


BIC8

Quality assurance
 Status  Same format
 Routing  Transparency
Bank B
 Fees 
Status

Simple on boarding

Multi-bank tracking embedded Seamless experience across Full visibility on participants.

in your treasury dashboards. banks. Recognise implementation
Extended visibility over Leverage a single format, status, live BICs and business
payment statuses, fees and comprehensible actionable data contact of all participants
routing with all participant g4C banks (corporates, banks)

SWIFT gpi for Corporates Webinar_20201117 20

Onboarding corporates

SWIFT gpi for Corporates Webinar_20201117 21

Getting started with gpi for Corporates

1. 2. 3. 4. 5.
Identify your gpi Subscribe Implement and Activate gpi for Use gpi for
for Corporates to SWIFT gpi for complete Corporates Corporates Bank
partners – Banks & Corporates testing & quality services in services
Vendors services assessment production

SWIFT gpi for Corporates Webinar_20201117 22

Implementation timeline

Identify & Subscribe Implement & Test Use the service

SWIFT  Ask for SWIFT quotation  SWIFT onboarding Kick off  Validation of test phase
 Submit gpi for Corporates E-  Provisioning of testing BICs  Provisioning of Live BICs
form

Application  Vendor consultation:  Implementation  Validation of technical

functionality, format…  Bilateral & Community functionality for Live
provider
 Define project timeline testing*

Bank  Bank consultation: scope  Agree on test catalogue for  Activate bank services
coverage (format, countries, community testing*  Confirm Live flows (Penny
currencies…)  Subscribe to the service of test…)
 Share standard the bank
specifications
 Clarify contractual and
commercial aspects

Average of 3 months
*optional/depends on bank preferences
Vendor engagement

SWIFT gpi for Corporates Webinar_20201117 24

Better Value through Quality Implementations
SWIFT assistance to ease Integrating & Testing gpi for Corporates
 Dedicated onboarding assistance
 Facilitates and eases implementation  Shows QUALITY capabilities
 Share and clarify specs and documentation  Shorter TIME to MARKET
 Testing assistance and insights
 More Value, Better ROI
 Lower implementation COSTS

Dedicated gpi for Corporates Compatibility Label

 Demonstrates compliance to quality standards
 Provides insights capabilities & readiness on vendors
 Competitive advantage, stand out in crowded Marketplace
 Offers Trust & Credibility to customers

SWIFT gpi Quarterly Update - July 2020 - Do not disclose to third parties without SWIFT's prior consent
Label Process overview and Minimum Requirements &
Advantages
4 Full Label

Interim SWIFT positive corporate

3 reference check
Label
• Fully published
Conformance statement
Functional • Co-marketing initiation
2
validation • Annual renewable

• Can be used in customer

Technical Demo mandatory services interactions
1 exposed to the business users
• Application roadmap &
validation Timeline
• Payment or transaction flows
(visual or in text modus)
Showcase technical
readiness • Transactional data analysis: route
options, intermediary banks, costs
With Swift Onboarding services:
• Completed gCAT test scenarios
• 1 label/application

SWIFT gpi for Corporates Webinar_20201117 26

 Questions

?
SWIFT gpi for Corporates Webinar_20201117 27