swift net download to central banks common account

Download Procedure Using SWIFT Copy & CIS

(With Global Time Fee Structure and Central Bank Access Privileges)

This procedure allows clients to request TRN (Transaction Reporting Network) downloads from global central banks by providing only a SWIFT copy and CIS (Customer Identification System) details. The process includes automatic Global Time fee deductions based on transaction volume.

1. Client Submission Requirements

What the Client Must Provide:

✅ SWIFT Copy (MT103/MT202 with full transaction details)
✅ CIS (Customer Identification System) Reference (for verification)
✅ Authorization to deduct Global Time fees (pre-approved)

2. Step-by-Step Procedure

Step 1: Client Submits SWIFT Copy & CIS

• Client sends SWIFT message copy (MT103/MT202) via secure channel (email/SFTP).

• Must include CIS reference for identity verification.

• No additional credentials needed (we have direct access to central banks).

Step 2: Verify & Locate TRN

• checks SWIFT message for:

  • Transaction Reference Number

  • Amount (must be ≥ $50M to $1B)

  • Beneficiary/Destination Central Bank

• If valid, proceed to TRN download.

• If invalid, reject and notify client (to change the TRN).

Step 3: Automatic Global Time Fee Deduction

• Fee Structure:

  • $300,000 USD per TRN download (for transactions ≥$100M).

  • Deducted automatically from client’s pre-funded Global Time account.

  • If insufficient balance, transaction is paused until payment.

Step 4: TRN Download & Delivery

• System auto-downloads TRN from the central bank’s database.

• Confirmation receipt is generated with:

  • TRN reference Download it to bank accounts

  • payout by wire transfer or crypto currencies

  • Global Time fee deducted

3. Central Bank Access (No Credentials Needed)

• We have direct access to all major central banks (Fed, ECB, BoE, etc.).

• No client-side authentication required—only SWIFT copy + CIS needed.

• System auto-links transaction to central bank records.

4. Fee Structure & Payment Flow

Transaction Amount Global Time Fee Payment Method≥ $100M $300,000 Auto-deduct from pre-funded account< $100M Not eligible Rejected

• Clients must pre-fund their Global Time account before submitting requests.

• Refund policy: No refunds once TRN is downloaded.

5. Troubleshooting & Support

❌ If SWIFT copy is invalid → Client must resend correct details.
❌ If CIS verification fails → Manual review required.
❌ If fee deduction fails → Transaction put on hold until payment.

10M TO 50M TRN

50M TO 100M TRN

100M TO 150M TRN