The module is responsible for provision of international payments referred to the bank and its correspondent banks, as well as for handling of agreements with correspondent banks.

IHandling of LORO and NOSTRO correspondent accounts is provided in accordance with international accounting practice. Correspondent accounts are maintained separately for each correspondent bank, and for different currency and precious metal types.

Processing of incoming, outgoing and transit international payment messages of all prescribed formats (MT100, MT103, MT200, MT202). SWIFT and TELEX channels use is supported. Automatic generation of statements on LORO accounts, and automatic reconciliation of NOSTRO accounts. Handling of both  serial  and  cover  payment methods. The module provides for automatic processing of confirmations, statements, requests on compensation of expenditure, and handling of correspondence with other banks.

Handling of peculiarities related to introduction of EURO.

Disassembling of incoming SWIFT messages is done automatically. Disassembled attributes and source SWIFT message are displayed simultaneously for supervision and authorization purpose. Manual modification of improperly disassembled attributes is available. After supervision and authorization SWIFT messages are automatically linked with correspondent agreements, foreign exchange deals etc.

Requests for commission payments from other banks are generated automatically. These requests are recorded and remain under control until paid; a report on non-received commissions is available. For similar incoming requests received from other banks, the payment procedure is automated.

Commission charge for outgoing payments is provided automatically in accordance with correspondent agreements and approved tariffs. Automatic interest accrual referred to correspondent accounts balances is available.

Automatic reconciliation of correspondent accounts is performed while processing of the received statement. Search for a payment document and for all related messages can be provided directly by statement line. A statement line can be used also as a payment document.

Module handles a file of suspense payments and a file of payments on transit accounts. For both files crediting to beneficiary account as well as return of payment to originator are available. It is possible to repeat requests in case the reply is delayed within preset period, as well as to send the request / reply copies to bank's branches.

Transliteration is available supporting RUR4, RUR5 and RUR6 codes.

The module handles foreign bank's data directory. Renewal of this data directory in the system is provided automatically based on incoming correspondent SWIFT directories.

It is possible to transfer international payments in local currency directly to the national payment system.