Encyclopedia

Exchange of Electronic Messages


Exchange of electronic messages — exchange of electronic messages, each of which is signed with an electronic signature or another equivalent of the sender's handwritten signature in accordance with the procedures established by federal laws, other normative legal acts, or agreements between the parties, is considered as exchange of documents1.

Exchange of electronic messages — receipt by the operational center of electronic messages containing instructions from participants of the payment system, transmission of such messages to the payment clearing center, settlement center, and also transmission of notifications (confirmations) regarding the receipt and execution of instructions from participants of the payment system2.

  1. Federal Law No. 149-FZ dated July 27, 2006 "On Information, Information Technologies and on Protection of Information", as amended on March 18, 2019, Article 11, Paragraph 4 // RSZ RF. 2006. No. 31. Item 3448. ↩

  2. Federal Law No. 161-FZ of June 27, 2011 "On the National Payment System", as amended on September 29, 2011, Article 3, subpara. 24 // RSZ RF. 2011. No. 27. Art. 3872. ↩