Feature-rich and equipped with robust messaging capabilities, Structured Financial Messaging System (SFMS) is India’s backbone for inter-bank financial messaging & Centralised Payment Systems. As the Indian standard for domestic financial messaging for centralized payment system, banks can link its high volume branches, regardless of category and level of computerisation to improve efficiency and speed up fund transfers, MIS reports, etc.

SFMS supports ISO 20022 and is backed by INFINET as its communication medium to power Real-Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), LC, BG and more.


Scalable architecture capable to meet the ever-increasing demands of the Indian payment and settlement system

Authentication, confidentiality, non-repudiation, and integrity with a PKI based security environment

Structured workflow enabling easy integration of messages with a participant

Store and forward messaging system ensuring recourse to messages with status

Real-time response & high performance

Secured Transmission, assured delivery & tracking

Supports Multi-currency standard message format

Facility to broadcast and multicast

Template builder for customisation of messaging formats

What can SFMS be used for?

Payment Systems: Real-Time Gross Settlement (RTGS) & National Electronic Funds Transfer (NEFT)

Trade-related Messaging: Inland Letters of Credit (LC) & Bank Guarantee (BG)

Lien on Documents/Securities: E-FDR (Lien on Term Deposits)

Free Format Messages