Understand payments in 10 days (No Charge)

UNDERSTAND PAYMENTS IN 10 DAYS (NO CHARGE)

You can understand payments in 10 days. Not master it. That may take a lifetime.

Here is 10 days worth of reading material from online sources that would cost you “Zero” Bucks. All you have to do is spend 15-20 mins reading the articles mentioned below. Follow this to get a basic understanding of payment

Day 1:

Payment Instruments

Fund transfer

Day 2:

Payment System Models

Parties in a Payment System

Push and Pull Payments

Day 3:

Payment messages

4 corner Model

Day 4:

Payment Clearing Bilateral

Payment Clearing Multilateral

Payment Settlement

Payment Accounting end to end

Day 5:

Direct Indirect Participation

Intra Bank Payments

Day 6:

Cross Border Payments 1

Cross Border Payments 2

Cross Border Payments 3

Cross Border Payments 4

Day 7:

SWIFT

Cross Border Payments

Day 8:

SEPA

SCT Book

Day 9:

Direct Debit (Read all Articles)

Day 10:

ISO20022 for Dummies

ISO20022 payments dot com

ISO20022 CBPR (Including Mapping)