What are Standard Settlement Instructions (SSI)? Standard Settlement Instructions (SSI) are predefined, standardized templates that provide the necessary details for the settlement of financial transactions. They include information about the beneficiary, the beneficiary’s bank, the receiving institution, and other relevant parties involved in the transaction. Essentially, SSIs act as a blueprint for executing a financial […]
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Understanding Standard Settlement Instructions (SSI) in Financial Transactions
By Geeta Chauhan 0 on Understanding Standard Settlement Instructions (SSI) in Financial Transactions