One UETR Across the Correspondent Chain

A cross-border payment stays trackable while its wire format changes hop to hop

One UETR Across the Correspondent Chain A cross-border payment stays trackable while its wire format changes hop to hop status: initiated pacs.008 (UETR:x) status: in-transit pacs.008 (UETR:x) status: credited pacs.002 ACSC pacs.002 ACSC Initiation Correspondent relay Confirmation Originator · mints UETR · Sequence participant Originator mints UETR Correspondent · relays hop · Sequence participant Correspondent relays hop Beneficiary · credits payee · Sequence participant Beneficiary credits payee gpi Tracker · keyed on UETR · Sequence participant gpi Tracker keyed on UETR Legend request return security async trace

One Identifier

  • • UETR minted once at origination
  • • Copied, never regenerated on re-format
  • • Survives MT and MX hops alike

Format Coexistence

  • • Each hop may speak MT or MX
  • • pacs.008 carries the credit transfer
  • • pacs.002 reports settlement status

Observable End to End

  • • Every bank posts status to the tracker
  • • Events idempotent per UETR + BIC
  • • Full journey reconstructable at any point

Sequence diagram • Built with Archify • Create yours ↗ • Hover to trace • R route • Click to focus • +/− zoom • M radar • T theme • E export