ECB PUBLIC Questions and Answers Question : Can pacs.008 STP be sent via T2 RTGS? Background: The bank originator of the question uses today a MT103 STP with this specific mention in the field 119 and is wondering whether a similar functionality exists for pacs.008 They could not identify any STP reference in the T2 RTGS message usage guideline for pacs.008. They consider that no pacs.008 STP can be sent to T2 RTGS. However, they have seen that CBPR+ has specific message usage guidelines for pacs.008 STP. Answer: Yes, pacs.008 STP can be sent to T2 RTGS, as the CBPR+ STP usage guideline (UG) is compatible with T2 RTGS UG.
However, it cannot be flagged as STP using the business service element in the BAH, which is how CBPR+ foresees it. Based on discussions with the market, we understand that the pacs.008 STP payment would not need to be explicity flagged as such in the future, if they are sent via a market infrastructure. The market participants will be able to identify if pacs.008 messages are compliant to the CBPR+ STP usage guideline without such explicit flags. 18 www.ecb.europa.eu ©