CSM Reachability

As part of the IPF core offering is CSM reachability, providing a suite of features that enable IPF client implementations determine reachability of a Creditor Party via one or more "Clearing and Settlement Mechanisms".

Refer to "Concepts" section to understand the concepts behind Reachability and what it means from Payments processing and orchestration point of view.

1. IPF - CSM Reachability Overview

CSM Reachability Service on IPF uses an IPF design pattern known as "Dynamic Processing Settings" to manage the dynamic configurations used for Reachability checks purposes. These are explained more in the Concepts section.

The CSM Reachability service provides below features to enable Reachability Checks. These are documented at length in the documentation that follows.

  1. Validate if the payment can be cleared and settled within the Processing Entity itself (Intra Entity Transfer). Refer /validate-intra-entity-reachability.

  2. Validate Reachability of a Counterparty through a given external CSM Agent. Refer /validate-csm-reachability

  3. Select a CSM Agent from a preferred list of CSM Agents based on payments specific criteria and a client defined Selection Order. Refer /select-csm-agent

Alongside the reachability features, the service provides the below supporting features that can be used during processing of inbound or outbound payments:

  1. Get details of Processing Entity and associated Generic Processing Settings. Refer /processing-entities.

  2. Get settings associated an external 'Agent' (Agent Settings, Agent Clearing Settings, Agent Settlement Settings) with which the processing entity holds a settlement relationship. Refer /settlement-agents.

  3. Look up party details to retrieve additional identifiers the parties are known by and address details using industry or client defined reference data. Refer /party-entities.

  4. Deconstruct an IBAN to get the BIC and associated IBAN National ID. Refer /iban/deconstruct

  5. Validate a BIC against SWIFTRef Bic Directory 2018.

  6. Determine the processing entity using available industry identifiers of a party on the payment message. The processing entity determination can be requested by deriving a direct CSM participant associated with the industry identifier if needed. This would allow the requester to determine the processing entity using the direct participant’s identifier instead of using the provided identifier on the request. Refer /determine-processing-entity

Refer to CSM Reachability Operations within Features section to know more about supported operations.

2 . CSM Reachability Contextual Diagram

csmreachabilityoverview

3 . How to use this documentation?

The documentation is split across different sections:

  1. Concepts: This section provides an overview of the concepts that should be understood before using CSM Reachability Service. Refer Concepts.

  2. Features: This section provides an overview and specification of the features provided by CSM Reachability Service. Refer Features.

  3. Getting Started: This section provides practical steps on getting started to use the CSM Reachability Service and the features it provides. Refer Getting Started.

It is recommended that the sections are read in provided order to get a comprehensive understanding of the Service and its features.