Transaction matching application

(TMA).

In a bank payment obligation, the transaction matching application is the matching engine which compares submitted data with the baseline and declares a match or non-match.

An example of a TMA is the SWIFTNet Trade Services Utility (TSU) which is a matching system for trade documents designed to allow banks to provide funding at various stages throughout the physical supply chain.

See also

• Bank payment obligation
• Data matching