SATNA/RTGS (Real Time Gross Settlement) is an application for
exchanging fund transfer messages between different banks.This structure makes
it possible to transfer funds instantaneously from an account in a bank to
another account.

Based on the source or destination type, the command
or message for fund transfer can be one of the following categories:
• Message of funds transfer from bank to bank
This message includes command of fund transfer from source bank to
destination bank
• Message of funds transfer from bank to customer
This message includes command of fund transfer from source bank to the
account of a specific customer in destination bank
• Message of funds transfer from customer to customer
This message includes payment order from the account of a specific
customer in source to the account of a specific customer in destination bank

Payment orders are exchanged instantaneously between source and
destination and requested financial operations are done immediately. Every day
only the messages of that special day are exchanged.Central bank has the role
of intermediary between banks and is responsible for operations such as funds
transfer between accounts in different banks and message format verification
and network security. The structure of exchanged messages is based on swift
standard and the overall network structure of SATNA
between centers of different banks is as follows:
Facilities and
Features
System Management
·
Changing system
settings (program features and RTGS)
·
Creating new users
in different groups and capability of changing their passwords and settings
·
Creating new
branches
·
Displaying list of
users, branches and banks
Message Generation
·
Creating a new
request with the ability to save or send to the second signature operator
·
Possibility of
displaying the previous requests with their current status
·
Possibility of
displaying a response from central bank to requests issued by the bank
·
Possibility of
editing one’s profile
·
Possibility of
displaying requests from other banks
Initial Approval
·
Possibility of
displaying confirm or cancel requests received from
first operator
·
Possibility
of displaying requests from other banks (MQ202, MQ103)
·
Editing
one’s profile
Final Approval
·
Possibility of
displaying confirm or cancel requests received from
first operator
·
Possibility
of displaying requests from other banks (MQ202, MQ103)
·
Editing
one’s profile
·
Possibility
of sending requests to central bank

Used technology and tools
·
J2EE
·
MQ-series bus standard
·
Connection with joint bank system thru Socket
Management
·
Tomcat Web Server
·
My SQL database
·
Windows Operating System