To generate a session key for SWIFT transactions, the SWIFT data protocol extracts information from the message body. The protocol uses the following rules to extract the SWIFT message reference (mesg_ref) and deal reference (deal_ref), then combines them to form the session key.
The data protocol applies these rules in order. If one of them is satisfied, it creates the session key in the form <message ref>/<deal ref>. If none of the rules is satisfied, the data protocol treats the transaction as stateless and it does not create a session key.
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