Main
features:
-
Verify code of international payment
transactions upon request of correspondent banks.
-
As receive a request accompanied by
original L/C, L/C amendment or shipping documents from correspondent banks, the
Correspondent Banking Division of Agribank Operations Centre will verify Swift
code/Test key on that L/C, L/C amendment or the shipping documents. If it is
authenticated, the Correspondent Banking Department sends a notice of confirmation
to the correspondent bank; if it is unauthenticated, Correspondent Banking
Department sends an investigation message to the sending bank via SWIFT.
Fees: Current terms and conditions of
Agribank (see here)
Verification
and Confirmation time:
within 02 banking days
Distribution channel:
-
Directly register with Correspondent
Banking Division, Agribank Operations Centre
Procedure/Technology:
-
Code verification conducted on IPCAS
system.