Regulatory Alerts2007-09-25 | 5810Electronic Message Formats in the Gross Real-Time Settlement System (GRSS) and Their Filling Rules
The National Bank of the Republic of Kyrgyzstan (NBRK) issued this regulatory document to standardize electronic message formats and filling rules within the Gross Real-Time Settlement System (GRSS). It mandates SWIFT-compliant block structures, defines mandatory and optional fields across financial and GPA message types, and establishes precise validation rules for transaction sequencing, currency codes, and priority handling. The framework ensures interoperability between participant banks, clearing houses, and the NBRK by specifying exact message flows, session identifiers, and error-handling protocols for real-time gross settlements.
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Print Version
Date of Creation: 2009-08-05
Approved
By Resolution of the Board of NBRK No. 43/5 dated 25.09.2007
Registration Number of the Ministry of Justice of KR No. 103-07 dated 02.11.2007
Formats of Electronic Messages in the Gross Real-Time Settlement System (GRSS) and Their Filling Rules
Introduction
This document describes the formats of electronic messages in the Gross Real-Time Settlement System (GRSS) and defines their filling rules. The electronic message formats in the GRSS system follow the SWIFT format and are described in the "SWIFT User Guide" section on the official SWIFT website.
The electronic messages of the GRSS system have a block structure, each block is enclosed in curly braces and identified by a number.
{1: Main Header} {2: Application Header} {3: User Application Header} {4: Text Section}
Blocks 1, 2, and 3 contain information about the message sender and receiver; Block 4 contains the transmitted information.
Each block begins with an identifier - a number followed by the ":" (colon) symbol. The fourth