SWIFT & TARGET2

1. SWIFT & TARGET2 Event Name Name Date

2. Presentation title – dd month yyyy – Confidentiality: xxx Agenda • Concept of TARGET2 • SWIFTNetservices & interfaces • SWIFT traffic pricing • TARGET2 Services SWIFT registration scenarios • Where to find help

3. Concept of TARGET2 TARGET2 Indirect Participant • “Single platform” system • Concentration of domestic euro RTGSs • Direct & indirect participants • Full set of SWIFTNet services and Interfaces • MT, MX and XML standards • Automated or manual access • Live November 2007 SWIFTNet services TARGET2 Direct Participant TARGET2 Direct Participant SSP NCBs Ancillary Systems

4. Full set of core SWIFT messaging services TARGET2 Indirect Participants connected via TARGET2 direct participant SWIFTNet FIN payment message Branch TARGET Direct Participant TARGET2 Direct Participant settlement request authorisation/ refusal Non EU Bank SWIFTNetFileAct Real-time Store & Forward SWIFTNet FIN Copy Indirect EU Bank SWIFTNet Browse On-line visualisationof information SWIFTNetInterAct Real-time Ancillary systems NCBs

5. Full set of core SWIFT messaging services SWIFT's core store-and-forward messaging service. A secure, reliable, resilient, access controlled, structured store-and-forward messaging service. SWIFTNet FIN Secure browsing with standard internet technologies. Appropriate for data exchange in thin-client browser-based financial solutions. To be used with SWIFTNet InterAct and FileAct. SWIFTNet Browse SWIFTNet messaging Secure, reliable, and STP-oriented. Appropriate for exchange of individual structured financial messages and short reports. SWIFTNetInterAct Secure, reliable, and flexible. Appropriate for exchange of files and batches of structured financial messages and large reports SWIFTNetFileAct

6. SWIFTNet FIN & FIN-Copy: payment processing SWIFTNet FIN Payment order 1 4 Y- Copy Payment Instruction MT103, 103+, 202, 204*) 1 TARGET2 Direct Participant TARGET2 Direct Participant 2 2 Settlement request (MT096) 5 5 3 3 Settlement response (MT097) SWIFT Interface 4 Approved/SettledPayment Instruction received SSP 5 Sender / receiver notification and reporting (Optional MT012, MT019, MT900, MT910, MT940, MT950 ) Settlement Application

7. SWIFTNet Browse overview Service user Service provider SWIFTNet Workstation (running Alliance WebStation and a standard Browser) Web Server and SWIFTNet Link* SWIFTNet Browse enables secure browser-based access (over SIPN) from an operator using a standard browser and Alliance WebStation to a service provider’s web server * Typically used in conjunction with Alliance Gateway

8. SWIFTNet Browse overviewSWIFTNet Browse transparently combines two communication mechanisms HTTP-S channel only authenticates the system of the end user Service user Service provider Using non-managed Web certificates HTTPS Web Server +SNL Using managed SWIFTNet PKI certificates SWIFTNetInterAct/FileAct Workstation InterAct / FileAct channel authenticates the end user SWIFTNet Browse allows to initiate InterAct or FileAct exchanges via a secure browser link. By doing so sensitive data can be exchanged with all the security and reliability inherent to the SWIFTNet platform, while preserving the benefits of a browser-based environment.

9. SWIFTNetInterAct is used in real-time mode query & response • SWIFTNet InterAct Q& R: real-time exchange of information • XML messages for SWIFTNet InterAct: Cash Management Standards • Access to the SSP (mandatory and optional modules) through SWIFTNet InterAct: • Payments queue management • Liquidity management • Management of reservation and limits • etc… Used either in the context of person-to-application solutions (with All. Webstation) or application-to-application (with All. Gateway) Real-time query & response

10. The SWIFT XML Cash Management standards AdviceStatement GetAccount & ReturnAccount GetTransaction & ReturnTransaction ModifyTransaction CancelTransaction GetLimit & Return Limit ModifyLimit DeleteLimit GetReservation & ReturnReservation ModifyReservation DeleteReservation GetMember & ReturnMember ModifyMember GetBusinessDayInformation & ReturnBusinessDayInformation GetCurrencyExchangeRate & ReturnCurrencyExchangeRate GetGeneralBusinessInformation & ReturnGeneralBusinessInformation LiquidityCreditTransfer LiquidityDebitTransfer BackUpPayment ModifyStandingOrder Receipt 21 messages

11. SWIFTNetFileAct real-time and store-and-forward • FileAct Real Time and store-and-forwardused for: • Reporting • Directory distribution Store-and-forward file transfer Typically used to reach a large number of counterparties • Store & Forward: TARGET2 sender of files (TARGET2 Directory updates) Typically used in the context of person-to-application solutions (with SWIFTNet Browse) Real-time file download • Used by TARGET2 participants to pull TARGET2 directory

12. Accessing TARGET2 Application-to-Application User-to-Application ICM access mode ICM user profile Any user * Alliance WebStationor Alliance Gateway / WebStation concentration Alliance Gateway Single Window Alliance Access/ Entry users Alliance Starter Set * It is assumed user is already a SWIFTNet FIN user

13. Profile 3: • “Single Window” • Benefits: • -Can reside in DMZ • -Scalability & resource • optimisation • Resilience • Off-the-shelf application integration using Agents • (FTA or TDA) • -Flexible SABdeployment • From 5 till 320 concurrent users • Price: • Starts at 30,000$ (5 Users, 1 Agent, 1 Host Adapter) • + • Traffic licence 16,000$ 6,500$ • Profile 2 : • “Automated “ • Benefits: • -Off-the-shelf application • integration using Agents • (FTA or TDA for < 200 InterAct or FileAct per day) • -Flexible SAB deployment • From 1 till 320 concurrent users • Price : • Starts at 14,000$ (1 User, • 1 Agent) • Profile 1 : • “WebStation Concentration” • Benefits: • -Flexible SAB deployment • From 5 till 320 concurrent users • Price : • Starts at 7,500$ (5 users) • SWIFTAlliance • Starter Set • Benefits: • -FileAct out-of-the box • 1 concurrent user SWIFTAlliance Gateway – Licensing & pricing ‘An easy step approach’

14. Presentation title – dd month yyyy – Confidentiality: xxx Agenda • SWIFTNet services & interfaces • SWIFT traffic pricing • Ordering steps • SWIFT help & education

15. SWIFT Traffic Pricing for TARGET2 FIN User-to-user pricing • Fixed price of 5.65 eurocent per chargeable unit, country independent • Standard billing FIN from and to Market Infrastructure • Fixed price of 5.65 eurocent per chargeable unit, country independent • Reverse billing FIN Copy pricing • Y-copy • Price dependent on total volume of daily copies of MI • Reverse billing SWIFTNetInterAct or FileAct SN Browse • Global tier of Sender • International traffic • Reverse billing • Yearly fee depending on number of service end-users • Reverse billing

16. Agenda • SWIFTNet services & interfaces • SWIFT traffic pricing • Ordering steps • SWIFT help & education

17. TARGET2 Services registration scenarios • www.swift.com – Ordering – Products and Services – TARGET2 service E-ordering can undergo version changes. Therefore, the following e-order can be different to the one you will fill in.The e-order used in this document is the one for the Test service. If you want to subscribe to the Live service you have to additionally fill in the respective “Live” e-order. Scenario 1 I subscribe to the Payments Module + Information and Control Module Scenario 2 I subscribe to Payments Module + Information and Control Module + Home Accounting Module Scenario 3 I subscribe to Information and Control Module + Home Accounting Module   Scenario 4 I subscribe to Information and Control Module + Central Bank Customers CUG Scenario 5 I subscribe to Information and Control Module and/or Ancillary Systems Interface

18. e-MSSF for TARGET2 Service Subscription (1/7) TARGET 2 (TRGTXEPM) Market Infrastructure: test service I subscribe to the Payments Module + Information and Control Module

19. e-MSSF for TARGET2 Service Subscription (2/7)

20. e-MSSF for TARGET2 Service Subscription (3/7)

21. e-MSSF for TARGET2 Service Subscription (4/7) Only use the “Advanced” button if you want to register additional DNs to the service.

22. e-MSSF for TARGET2 Service Subscription (5/7)

23. e-MSSF for TARGET2 Service Subscription (6/7) Only use the “Advanced” button if you want to specify additional SWIFTNet Addresses and corresponding CUG-categories to send and receive messages for this service.

24. e-MSSF for TARGET2 Service Subscription (7/7) Only use the “Advanced” button if you want to to change the queue name or use multiple queues to process different types of messages for this service

25. Service subscription e-ordering process Customer NCB Service Administrator 1 TARGET2 form Approval page Approval page www.swift.com FIRST DiscusswithyourNational Bank 7 2 5 Validation 6 ACK 4 3 Provisioning 8

26. Customer Order on-line tracking • Online facility accessible from the ‘ordering’ section on www.swift. com. • As a registered user, you can track the status of any order placed via the online ordering. • Has my software been shipped?” • “Is my configuration change request implemented?” • “What is the status of my subscription?” • “When is the service activated?”

27. Testingand live TESTING • Exchange authorisationswith TARGET2 Test BIC TRGTXEP0 • SWIFT activates TARGET2 services in Test mode • Start testingaccording to the test cases/scenarios as prepared by your National Bank LIVE • Subscribe to the Live TARGET2 service on swift.com • Exchange authorisationswith TARGET2 live BIC TRGTXEPM • SWIFT activates TARGET2 services in Live mode

28. Where to find help ? www.swift.com • Contact details of Network Providers and Business Partners • SWIFT on-line support and FAQ’s • Updates on vendor initiatives, activities and status

29. Q&A

30. Thank you