CBPR+ (ISO 20022)
PAYMENTS SIGNAL · REFERENCE CARDA Buna cross-border payment (Arab region RTGS)
A cross-border payment in one supported currency settles individually and in real time across two banks' Buna settlement accounts, with compliance screening run both before and after settlement.
Actors
- Bank Alfa (originator bank)bank
- Buna (ARPCSO / Arab Monetary Fund)infrastructure
- Settlement agent (Buna accounts)infrastructure
- Nordbank (beneficiary bank)bank
Messages
- Payment instruction
- Payment delivery
The sequence
| # | Step | Route | Kind |
|---|---|---|---|
| 1 | Payment instruction — Bank Alfa submits the cross-border payment to Buna | Bank Alfa → Buna | message |
| 2 | Pre-settlement screening — Buna screens the payment before settlement | Buna | internal |
| 3 | Gross settlement — Buna settles the payment in real time | Buna → Settlement agent | settlement |
| 4 | Post-settlement screening — Buna monitors the settled payment | Buna | internal |
| 5 | Payment delivery — Buna delivers the payment to Nordbank | Buna → Nordbank | message |
| 6 | Credit beneficiary — Nordbank credits the supplier | Nordbank | posting |
Exception rails
| Rail | Trigger | Where the money ends up | Next action |
|---|---|---|---|
| A screening hold before settlement | A party name on the payment throws a possible match against a watchlist during Buna's pre-settlement screening. The payment is held until an analyst decides. | Held before settlement; delivered to the supplier once the alert was cleared. · Settled after release from the screening review — the delay was in the check, not the settlement. | Buna — Nothing to fix in the payment itself; the alert, evidence and disposition are retained for audit. Repeated false positives on this name feed screening-tuning reviews. |