Finance:Relationship Management Application

From HandWiki

Relationship Management Application (RMA) is a service provided by SWIFT to manage the business relationships between financial institutions.[1]

RMA operates by managing which message types are permitted to be exchanged between users of a SWIFT service:[1]

  • the receiver specifies which message types are permitted, and sends this permission data to the sender,
  • the sender checks the message type against the permission data before sending a message to the receiver.

RMA uses a SWIFTNet InterAct Store and Forward service to exchange the permission data between financial institutions.[2]

RMA was initially scheduled for roll-out on the SWIFT FIN service as part of the SWIFTNet Phase 2 project in 2008.[3]

References