Charges, FX and gpi Tracking

What You Can Do After This Chapter

Learning objective. Learner calculates payment charges under BEN, OUR, and SHA, explains foreign exchange conversion and spread, and traces a payment using gpi status updates from initiation to credit. Learner practises this skill on realistic banking cases, explaining the reasoning clearly and using correct terminology throughout the work.

Practical assessment. Learner calculates the amount credited for a 10,000 dollar payment under BEN, OUR, and SHA, given a 25 dollar correspondent fee and a 15 dollar beneficiary bank fee, showing the arithmetic for each. Learner then traces the same payment through five gpi statuses, naming the status, the party reporting it, and the time each status appears. Learner presents the work with calculations and assumptions stated clearly, then reviews it against the chapter checklist and corrects any gaps before submission.

Expected deliverables.

• Charge calculation sheet for BEN, OUR, and SHA
• FX conversion worked example with spread
• gpi status trace for a 10,000 dollar payment
• Charge bearer decision guide

Completion criterion. Learner calculates all three credited amounts correctly, shows the arithmetic clearly, and traces the gpi statuses in the right order with the right parties. Judgement covers accuracy, completeness, and clear written explanation in the submitted work.