3.2.4 Implementation Plan 3.2.4.1 Implementation Policy and Conditions of Application 3.2.4.1.1 STP (1) System Function STP connects the CBS of FIs and CBM-NET Phase 2 to automate FI-to-FI transactions. FIs without a CBS can continue to process transactions through their CBM-NET terminals. Large volume transactions and cross-border transactions are suitable for STP, while low volume transactions or balance enquiries are still able to handle manual entry from terminals. Source: Preparatory Survey Team Figure 3-2 Overview of STP Messages for the following function will be covered by STP. All functions not shown below will not be covered by STP. 24

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