The Wolfsberg Group (the Group) has prepared this guidance document on the Swift Relationship Management Application (RMA) to supplement the Wolfsberg Financial Crime Principles for Correspondent Banking issued in 2022. This document is intended to provide broader guidance to financial institutions (FIs) for managing non-customer RMAs. This document is an update to the 2016 Wolfsberg Group SWIFT RMA Due Diligence Guidance, which has been retired.
Relationship Management is a service on SwiftNet that allows Swift users to control the messages they want to accept from counterparties. The overall objective of Relationship Management is to stop unwanted messages before they leave the sender's messaging interface. Swift users benefit from this by not receiving unwanted traffic which saves them time and effort in reviewing this traffic and eliminates the exposure from processing such unwanted traffic. The Swift user ca
