You install software adjustable for the automatic file exchange between your company and the Bank. Then you and the Bank agree on data format (recommended international standard ISO20022). Then you create payment documents in your ERP system from where they are sent to the Bank. In reply, the system receives information about the document processing status and accounts (statements).
The documents eligible for direct file exchange using ISO20022 standard:
Under the eGate service, files are exchanged between your systems and the Bank via a selected channel of communication. Possible options:
For exchanging files via international network SWIFT, you have to be registered in SWIFT.
How to register in SWIFT is described at the website of Russian National Association SWIFT http://www.rosswift.ru/0/400/
For exchanging files via CyberFT, you have to be registered in CyberFT. The registration and service is simple and cheap.
The system provider’s website http://cyberft.ru/
Exchange is ensured via Secure File Transfer Protocol directly with the Bank’s server. You need not get registered in an external network or pay for services of an external network provider.
Additional information and documents for subscribing to the file exchange service eGate may be obtained from your personal manager or by sending your question to ICMS@nordea.ru