The Auto-responder will generate a Matched response for Bilateral Demand Settlement Instruction.
The participant should nominate the Auto-responder as a Counterparty in a Settlement Instruction Request (sett_105), resulting in a Settlement Instruction Allegement Notification (sett_110) to the Auto-responder.
The Auto-responder will send a Settlement Instruction Request (sett_105) using the details received on the Settlement Instruction Allegement Notification (sett_110). The Settlement Instruction Request (sett_105) will then be validated by the CSP. If matching is successful, a Settlement Instruction Response (sett_106) will be generated and sent to the Participant and the Auto-responder.
Following Matching, the business process will continue with a "Request for Payment" to the Payment Service Provider. The CSP will generate and send a Funds Obligation Request (sett_133) to the Payment Provider. In non-Payment Provider environments, the Payment Provider Auto-responder will then be required to act as the Payment Provider to authorise, reject or ignore the Funds Obligation (sett_133) based on the Auto-responder workflow. In Payment Provider environments, the Payment Provider Auto-responder will not respond to the payment and Payment Providers are expected to respond. For further details, refer to CDE Payment Provider Authorisation.
Descriptions of Bilateral Settlement Instruction messages can be found here.