02 / Advisory Services
Payments, Bank Connectivity & Reconciliation
This service reviews how payment instructions are created, approved, transmitted, recorded, and reconciled. It is designed for companies that want cleaner payment workflows, stronger audit trails, clearer bank communication logic, and fewer operational risks around payment execution and bank reconciliation.
MT101 payment processes, MT940 bank statement flows, approval controls, bank connectivity, reconciliation, and payment risk control points.
How Consulvera helps
- Payment initiation, approval matrix, release process, and bank authorization logic.
- MT101 file generation, validation steps, exception handling, and bank transmission flow.
- MT940 statement receipt, ERP import, reconciliation rules, and unmatched item process.
Best fit
- Companies using manual payment files, bank portals, or inconsistent approval practices.
- Finance teams introducing MT101 payment files or MT940 statement processing.
- Groups that need more consistent payment controls across entities and banks.
- Teams with delayed reconciliation or unclear audit trail around payments.
What is reviewed
- Payment initiation, approval matrix, release process, and bank authorization logic.
- MT101 file generation, validation steps, exception handling, and bank transmission flow.
- MT940 statement receipt, ERP import, reconciliation rules, and unmatched item process.
- Bank connectivity options, SWIFT or host-to-host logic, API readiness where relevant.
- Fraud risk control points, maker-checker design, user access, and documentation quality.
Typical client situations
- Payment files are prepared manually and checked inconsistently.
- Approval responsibilities are unclear or not well documented.
- MT101 and MT940 flows are technically available but not structured as a reliable process.
- Reconciliation is late, exception-heavy, or dependent on manual follow-up.
- Payment controls exist in practice but are not visible enough for management or audit.
Expected outputs
- Payment workflow map from request to bank execution and accounting record.
- MT101/MT940 process review with data, control, and exception points.
- Bank connectivity assessment and practical improvement options.
- Reconciliation gap analysis and unmatched item follow-up structure.
- Payment approval matrix review and payment risk/control notes.
Professional boundary
This is corporate payment process and control advisory. It does not provide legal, regulatory, cybersecurity, or bank implementation certification.