Bank-to-Bank Procedures check0 / 1 answered · 0 correct
Check 1
Does an RMA relationship mean the receiving bank has approved the transaction?
RMA and Bank-to-Bank Connectivity
Understand Relationship Management Application controls without treating them as credit approval.
What RMA does
SWIFT Relationship Management Application allows financial institutions to control which counterparties can send them specified FIN messages. It is a messaging-permission control, not a credit facility.
Reviewed: September 2026Standards and bank policy can change.How MyGreed classifies proceduresOfficial-source directory
Why it can matter
A bank may need the necessary messaging relationship or routing arrangements to exchange certain messages directly. If not, other correspondent/advising routes may be used.
What it does not prove
An RMA relationship does not prove that either bank has approved the underlying transaction, credit exposure or instrument wording.
Procedure impact
Banks can discuss routing and capability before issuance, but the exact process depends on each institution.
Source / standards noteProcedure terminology can be market-specific. MyGreed distinguishes formal rules/message functions from bank policy and negotiated transaction steps.
Remember thisRMA is about permitted SWIFT messaging relationships; it is not proof that a bank will issue, confirm or finance an instrument.
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