Bank Payment Obligation

The Module, based on the idea of enhancing the services provided under the trade Area Business Transactions (Letters of credit / Documentary collections) integrating the functionalities offered by SWIFT through the union of Workflow TSU and The Bank Payment Obligation, namely the payment guarantee, issued by one of the Banks involved in the business transaction.

Some of the Main available functions:

  • Export / Import Baseline management
  • Dataset Submission
  • MisMatch management
  • Status Change
  • Activity/Transaction Report Request
  • Inquiries
  • Messages XML  ISO 20022 Business Area TSMT (Trade Services Management)


Through this module, Banks can follow the latest market guidelines, and be prepared to future evolutions in the trade area, that is quickly moving from older instruments (Letters of credit) to new means to support trading.