SWIFT / Correspondent Banking

Cross-Border Payments & Nostro Management

MT103 / MT202 / MT202COV payment flows · SWIFT GPI real-time tracker · Nostro reconciliation

Today's Volume

$14.60M

4 messages sent

Settled

$10.85M

2 confirmed

In Transit

SWIFT GPI tracking

Nostro Breaks

1 unmatched JPY

Payment Queue — April 8, 2026

MT103UETR: 6f7a2b8c...GPI: in-transit

$2.50M

processing

From: MRDNUS33 Meridian Corp.

To: NCBKUS33 National Commerce Bank NY

Intercompany transfer — European subsidiary funding

MT202UETR: 3a1c9d5f...GPI: confirmed

$10.00M

settled

From: NCBKUS33 National Commerce Bank NY

To: CNTLDEDB Continental Trust Frankfurt

Bank-to-bank cover payment for MT103

MT103UETR: 9b4e2f7a...GPI: confirmed

€850K

settled

From: MRDNUS33 Meridian Corp.

To: ALCNFRPP Alliance Crédit Paris

FX settlement EUR leg

MT202COVUETR: 2d7f0a4b...GPI: initiated

£1.25M

pending

From: MRDNUS33 Meridian Corp.

To: HTWLGB22 Hartwell Bank London

Cover for FX forward GBP leg — value tomorrow

MT103 Processing Flow

Message Validation

BIC verification, format check, sanctions screening (OFAC/EU)

Nostro Funding Check

Verify sufficient balance in sender nostro account

SWIFT Transmission

Message queued to SWIFT network via SWIFTNet FIN

Correspondent Processing

Receiving bank applies funds to beneficiary account

MT910 Confirmation

Confirmation of credit received from correspondent bank

GPI Tracker Update

Final UETR status updated — credited to beneficiary

SWIFT GPI: All payments include UETR tracking. Intermediary banks must pass through within 24h. Fee transparency required under SWIFT gpi Standards.