Relationship Management Application (RMA)
Encyclopedia
Relationship Management Application (RMA) is a service provided by SWIFT
to manage the business relationships between financial institutions .
RMA operates by managing which message types are permitted to be exchanged between users of a SWIFT service :
RMA uses a SWIFTNet InterAct Store and Forward
service to exchange the permission data between financial institutions .
RMA is initially scheduled for roll-out on the SWIFT FIN service as part of the SWIFTNet Phase 2 project in 2008 .
Swift
The swifts are a family, Apodidae, of highly aerial birds. They are superficially similar to swallows, but are actually not closely related to passerine species at all; swifts are in the separate order Apodiformes, which they share with hummingbirds...
to manage the business relationships between financial institutions .
RMA operates by managing which message types are permitted to be exchanged between users of a SWIFT service :
- 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
SWIFTNet InterAct Store and Forward
SWIFTNet InterAct Store and Forward is a protocol designed and supported by SWIFT. The protocol is used to exchange financial messages between organizations connected to services on to the SWIFTNet network .- Protocol :...
service to exchange the permission data between financial institutions .
RMA is initially scheduled for roll-out on the SWIFT FIN service as part of the SWIFTNet Phase 2 project in 2008 .