diff --git a/src/client.h b/src/client.h
index 6918560..1917cb5 100644
--- a/src/client.h
+++ b/src/client.h
@@ -10,9 +10,10 @@
 /* fsm.c */
 
 enum bankd_conn_fsm_event {
-	BDC_E_TCP_UP,
-	BDC_E_TCP_DOWN,
-	BDC_E_CLIENT_CONN_RES,
+	BDC_E_ESTABLISH,	/* instruct BDC to (re)etablish TCP connection to bankd */
+	BDC_E_TCP_UP,		/* notify BDC that TCP connection is up/connected */
+	BDC_E_TCP_DOWN,		/* notify BDC that TCP connection is down/disconnected */
+	BDC_E_CLIENT_CONN_RES,	/* notify BDC that ClientConnectRes has been received */
 };
 
 extern struct osmo_fsm remsim_client_bankd_fsm;
@@ -31,10 +32,12 @@
 	/* state */
 	struct ipa_client_conn *conn;
 	struct osmo_fsm_inst *fi;
-	int (*handle_rx)(struct rspro_server_conn *conn, RsproPDU_t *pdu);
+	int (*handle_rx)(struct rspro_server_conn *conn, const RsproPDU_t *pdu);
 
 	/* our own component ID */
 	struct app_comp_id own_comp_id;
+	/* remote component ID */
+	struct app_comp_id peer_comp_id;
 
 	/* configuration */
 	char *server_host;
@@ -48,11 +51,10 @@
 
 struct bankd_client {
 	/* connection to the remsim-server (control) */
-	struct ipa_client_conn *srv_conn;
-	struct osmo_fsm_inst *srv_fi;
+	struct rspro_server_conn srv_conn;
 
-	/* our own component ID */
-	struct app_comp_id own_comp_id;
+	/* remote component ID */
+	struct app_comp_id peer_comp_id;
 
 	/* connection to the remsim-bankd */
 	char *bankd_host;
diff --git a/src/remsim_client.c b/src/remsim_client.c
index 62f65f9..2f740d4 100644
--- a/src/remsim_client.c
+++ b/src/remsim_client.c
@@ -26,6 +26,8 @@
 
 	switch (pdu->msg.present) {
 	case RsproPDUchoice_PR_connectClientRes:
+		/* Store 'identity' of bankd to in peer_comp_id */
+		rspro_comp_id_retrieve(&bc->peer_comp_id, &pdu->msg.choice.connectClientRes.identity);
 		osmo_fsm_inst_dispatch(bc->bankd_fi, BDC_E_CLIENT_CONN_RES, pdu);
 		break;
 	default:
@@ -84,17 +86,62 @@
 void __thread *talloc_asn1_ctx;
 int asn_debug;
 
+/* handle incoming messages from server */
+static int srvc_handle_rx(struct rspro_server_conn *srvc, const RsproPDU_t *pdu)
+{
+	RsproPDU_t  *resp;
+
+	switch (pdu->msg.present) {
+	case RsproPDUchoice_PR_connectClientRes:
+		/* Store 'identity' of server in srvc->peer_comp_id */
+		rspro_comp_id_retrieve(&srvc->peer_comp_id, &pdu->msg.choice.connectClientRes.identity);
+		osmo_fsm_inst_dispatch(srvc->fi, SRVC_E_CLIENT_CONN_RES, (void *) pdu);
+		break;
+	case RsproPDUchoice_PR_configClientReq:
+		/* store/set the clientID as instructed by the server */
+		if (!g_client->clslot)
+			g_client->clslot = talloc_zero(g_client, ClientSlot_t);
+		*g_client->clslot = pdu->msg.choice.configClientReq.clientSlot;
+		/* store/set the bankd ip/port as instructed by the server */
+		osmo_talloc_replace_string(g_client, &g_client->bankd_host,
+					   rspro_IpAddr2str(&pdu->msg.choice.configClientReq.bankd.ip));
+		g_client->bankd_port = ntohs(pdu->msg.choice.configClientReq.bankd.port);
+		/* instruct bankd FSM to connect */
+		osmo_fsm_inst_dispatch(g_client->bankd_fi, BDC_E_ESTABLISH, NULL);
+		/* send response to server */
+		resp = rspro_gen_ConfigClientRes(ResultCode_ok);
+		ipa_client_conn_send_rspro(srvc->conn, resp);
+		break;
+	default:
+		fprintf(stderr, "Unknown/Unsupported RSPRO PDU type: %u\n", pdu->msg.present);
+		return -1;
+	}
+
+	return 0;
+}
+
 int main(int argc, char **argv)
 {
+	struct rspro_server_conn *srvc;
+	int rc;
+
 	g_tall_ctx = talloc_named_const(NULL, 0, "global");
 
 	g_client = talloc_zero(g_tall_ctx, struct bankd_client);
-	g_client->bankd_host = "localhost";
-	g_client->bankd_port = 9999;
-	g_client->own_comp_id.type = ComponentType_remsimClient;
-	OSMO_STRLCPY_ARRAY(g_client->own_comp_id.name, "fixme-name");
-	OSMO_STRLCPY_ARRAY(g_client->own_comp_id.software, "remsim-client");
-	OSMO_STRLCPY_ARRAY(g_client->own_comp_id.sw_version, PACKAGE_VERSION);
+
+	srvc = &g_client->srv_conn;
+	srvc->server_host = "localhost";
+	srvc->server_port = 9998;
+	srvc->handle_rx = srvc_handle_rx;
+	srvc->own_comp_id.type = ComponentType_remsimClient;
+	OSMO_STRLCPY_ARRAY(srvc->own_comp_id.name, "fixme-name");
+	OSMO_STRLCPY_ARRAY(srvc->own_comp_id.software, "remsim-client");
+	OSMO_STRLCPY_ARRAY(srvc->own_comp_id.sw_version, PACKAGE_VERSION);
+	rc = server_conn_fsm_alloc(g_client, srvc);
+	if (rc < 0) {
+		fprintf(stderr, "Unable to create Server conn FSM: %s\n", strerror(errno));
+		exit(1);
+	}
 
 	asn_debug = 0;
 	osmo_init_logging2(g_tall_ctx, &log_info);
diff --git a/src/remsim_client_fsm.c b/src/remsim_client_fsm.c
index d361659..06df4e0 100644
--- a/src/remsim_client_fsm.c
+++ b/src/remsim_client_fsm.c
@@ -57,6 +57,7 @@
 };
 
 static const struct value_string remsim_client_bankd_fsm_event_names[] = {
+	OSMO_VALUE_STRING(BDC_E_ESTABLISH),
 	OSMO_VALUE_STRING(BDC_E_TCP_UP),
 	OSMO_VALUE_STRING(BDC_E_TCP_DOWN),
 	OSMO_VALUE_STRING(BDC_E_CLIENT_CONN_RES),
@@ -67,33 +68,10 @@
 #define T2_RECONNECT			10
 
 
-static void bdc_st_init_onenter(struct osmo_fsm_inst *fi, uint32_t prev_state)
-{
-	struct bankd_client *bc = (struct bankd_client *) fi->priv;
-	int rc;
-
-	printf("onenter\n");
-	bc->bankd_conn = ipa_client_conn_create(bc, NULL, 0, bc->bankd_host, bc->bankd_port,
-						bankd_updown_cb, bankd_read_cb, NULL, bc);
-	if (!bc->bankd_conn) {
-		fprintf(stderr, "Unable to create socket: %s\n", strerror(errno));
-		exit(1);
-	}
-	/* Attempt to connect TCP socket */
-	rc = ipa_client_conn_open(bc->bankd_conn);
-	if (rc < 0) {
-		fprintf(stderr, "Unable to connect: %s\n", strerror(errno));
-		exit(1);
-	}
-}
-
 static void bdc_st_init(struct osmo_fsm_inst *fi, uint32_t event, void *data)
 {
 	switch (event) {
-	case BDC_E_TCP_UP:
-		osmo_fsm_inst_state_chg(fi, BDC_ST_ESTABLISHED, T1_WAIT_CLIENT_CONN_RES, 1);
-		break;
-	case BDC_E_TCP_DOWN:
+	case BDC_E_ESTABLISH:
 		osmo_fsm_inst_state_chg(fi, BDC_ST_REESTABLISH, T2_RECONNECT, 2);
 		break;
 	default:
@@ -107,7 +85,7 @@
 	RsproPDU_t *pdu;
 
 	/* FIXME: Send ClientConnReq */
-	pdu = rspro_gen_ConnectClientReq(&bc->own_comp_id, bc->clslot);
+	pdu = rspro_gen_ConnectClientReq(&bc->srv_conn.own_comp_id, bc->clslot);
 	ipa_client_conn_send_rspro(bc->bankd_conn, pdu);
 }
 
@@ -142,6 +120,21 @@
 	struct bankd_client *bc = (struct bankd_client *) fi->priv;
 	int rc;
 
+	/* re-create bankd_conn */
+	if (bc->bankd_conn) {
+		LOGPFSML(fi, LOGL_INFO, "Destroying existing connection to bankd\n");
+		ipa_client_conn_destroy(bc->bankd_conn);
+		bc->bankd_conn = NULL;
+	}
+	LOGPFSML(fi, LOGL_INFO, "Creating TCP connection to bankd at %s:%u\n",
+		 bc->bankd_host, bc->bankd_port);
+	bc->bankd_conn = ipa_client_conn_create(bc, NULL, 0, bc->bankd_host, bc->bankd_port,
+						bankd_updown_cb, bankd_read_cb, NULL, bc);
+	if (!bc->bankd_conn) {
+		fprintf(stderr, "Unable to create socket: %s\n", strerror(errno));
+		exit(1);
+	}
+
 	/* Attempt to connect TCP socket */
 	rc = ipa_client_conn_open(bc->bankd_conn);
 	if (rc < 0) {
@@ -166,14 +159,27 @@
 	}
 }
 
+static void bdc_allstate_action(struct osmo_fsm_inst *fi, uint32_t event, void *data)
+{
+	switch (event) {
+	case BDC_ST_REESTABLISH:
+		osmo_fsm_inst_state_chg(fi, BDC_ST_REESTABLISH, T2_RECONNECT, 2);
+		break;
+	default:
+		OSMO_ASSERT(0);
+	}
+}
+
 static int remsim_client_bankd_fsm_timer_cb(struct osmo_fsm_inst *fi)
 {
 	switch (fi->T) {
 	case 2:
+		/* TCP reconnect failed: retry */
 		osmo_fsm_inst_state_chg(fi, BDC_ST_REESTABLISH, T2_RECONNECT, 2);
 		break;
 	case 1:
-		/* FIXME: close connection and re-start */
+		/* no ClientConnectRes received: disconnect + reconnect */
+		osmo_fsm_inst_state_chg(fi, BDC_ST_REESTABLISH, T2_RECONNECT, 2);
 		break;
 	default:
 		OSMO_ASSERT(0);
@@ -184,8 +190,8 @@
 static const struct osmo_fsm_state bankd_conn_fsm_states[] = {
 	[BDC_ST_INIT] = {
 		.name = "INIT",
-		.in_event_mask = S(BDC_E_TCP_UP) | S(BDC_E_TCP_DOWN),
-		.out_state_mask = S(BDC_ST_ESTABLISHED) | S(BDC_ST_REESTABLISH),
+		.in_event_mask = 0, /* S(BDC_E_ESTABLISH) via allstate */
+		.out_state_mask = S(BDC_ST_REESTABLISH),
 		.action = bdc_st_init,
 	},
 	[BDC_ST_ESTABLISHED] = {
@@ -214,6 +220,8 @@
 	.name = "BANKD_CONN",
 	.states = bankd_conn_fsm_states,
 	.num_states = ARRAY_SIZE(bankd_conn_fsm_states),
+	.allstate_event_mask = S(BDC_E_ESTABLISH),
+	.allstate_action = bdc_allstate_action,
 	.timer_cb = remsim_client_bankd_fsm_timer_cb,
 	.log_subsys = DMAIN,
 	.event_names = remsim_client_bankd_fsm_event_names,
@@ -228,8 +236,6 @@
 		return -1;
 
 	bc->bankd_fi = fi;
-	/* onenter of the initial state is not automatically executed by osmo_fsm :( */
-	bdc_st_init_onenter(fi, 0);
 	return 0;
 }
 
diff --git a/src/simtrace2-remsim_client.c b/src/simtrace2-remsim_client.c
index 6d31d32..79da419 100644
--- a/src/simtrace2-remsim_client.c
+++ b/src/simtrace2-remsim_client.c
@@ -539,6 +539,8 @@
 
 	switch (pdu->msg.present) {
 	case RsproPDUchoice_PR_connectClientRes:
+		/* Store 'identity' of bankd to in peer_comp_id */
+		rspro_comp_id_retrieve(&bc->peer_comp_id, &pdu->msg.choice.connectClientRes.identity);
 		osmo_fsm_inst_dispatch(bc->bankd_fi, BDC_E_CLIENT_CONN_RES, pdu);
 		break;
 	case RsproPDUchoice_PR_tpduCardToModem: // APDU response from card received
@@ -582,6 +584,41 @@
 	return -1;
 }
 
+/* handle incoming messages from server */
+static int srvc_handle_rx(struct rspro_server_conn *srvc, const RsproPDU_t *pdu)
+{
+	RsproPDU_t  *resp;
+
+	switch (pdu->msg.present) {
+	case RsproPDUchoice_PR_connectClientRes:
+		/* Store 'identity' of server in srvc->peer_comp_id */
+		rspro_comp_id_retrieve(&srvc->peer_comp_id, &pdu->msg.choice.connectClientRes.identity);
+		osmo_fsm_inst_dispatch(srvc->fi, SRVC_E_CLIENT_CONN_RES, (void *) pdu);
+		break;
+	case RsproPDUchoice_PR_configClientReq:
+		/* store/set the clientID as instructed by the server */
+		if (!g_client->clslot)
+			g_client->clslot = talloc_zero(g_client, ClientSlot_t);
+		*g_client->clslot = pdu->msg.choice.configClientReq.clientSlot;
+		/* store/set the bankd ip/port as instructed by the server */
+		osmo_talloc_replace_string(g_client, &g_client->bankd_host,
+					   rspro_IpAddr2str(&pdu->msg.choice.configClientReq.bankd.ip));
+		g_client->bankd_port = ntohs(pdu->msg.choice.configClientReq.bankd.port);
+		/* instruct bankd FSM to connect */
+		osmo_fsm_inst_dispatch(g_client->bankd_fi, BDC_E_ESTABLISH, NULL);
+		/* send response to server */
+		resp = rspro_gen_ConfigClientRes(ResultCode_ok);
+		ipa_client_conn_send_rspro(srvc->conn, resp);
+		break;
+	default:
+		fprintf(stderr, "Unknown/Unsupported RSPRO PDU type: %u\n", pdu->msg.present);
+		return -1;
+	}
+
+	return 0;
+}
+
+
 static const struct log_info_cat default_categories[] = {
 	[DMAIN] = {
 		.name = "DMAIN",
@@ -604,10 +641,8 @@
 
 static void print_help(void)
 {
-	printf( "\t-d\t--bankd-host HOST\n"
+	printf( "\t-s\t--server-host HOST\n"
 		"\t-p\t--bankd-port PORT\n"
-		"\t-c\t--client-id REMSIM_CLIENT_ID\n"
-		"\t-s\t--slot-nr REMSIM_SLOT_NUMBER\n"
 		"\t-h\t--help\n"
 		"\t-i\t--gsmtap-ip\tA.B.C.D\n"
 		"\t-k\t--keep-running\n"
@@ -624,10 +659,8 @@
 }
 
 static const struct option opts[] = {
-	{ "bankd-host", 1, 0, 'b' },
-	{ "bankd-port", 1, 0, 'p' },
-	{ "client-id", 1, 0, 'c' },
-	{ "slot-nr", 1, 0, 's' },
+	{ "server-host", 1, 0, 's' },
+	{ "server-port", 1, 0, 'p' },
 	{ "gsmtap-ip", 1, 0, 'i' },
 	{ "help", 0, 0, 'h' },
 	{ "keep-running", 0, 0, 'k' },
@@ -644,16 +677,16 @@
 
 int main(int argc, char **argv)
 {
+	struct rspro_server_conn *srvc;
 	struct st_transport *transp = ci->slot->transp;
 	char *gsmtap_host = "127.0.0.1";
 	int rc;
 	int c, ret = 1;
 	int keep_running = 0;
-	int bankd_port = 9999;
-	int client_id = -1, slot_nr = -1;
+	int server_port = 9999;
 	int if_num = 0, vendor_id = -1, product_id = -1;
 	int config_id = -1, altsetting = 0, addr = -1;
-	char *bankd_host = "127.0.0.1";
+	char *server_host = "127.0.0.1";
 	char *path = NULL;
 	uint8_t atr_data[33] = { 0x3B, 0x00 }; // the shortest simplest ATR possible
 	uint8_t atr_len = 2;
@@ -663,21 +696,15 @@
 	while (1) {
 		int option_index = 0;
 
-		c = getopt_long(argc, argv, "b:p:c:s:hi:V:P:C:I:S:A:H:a:k", opts, &option_index);
+		c = getopt_long(argc, argv, "s:p:hi:V:P:C:I:S:A:H:a:k", opts, &option_index);
 		if (c == -1)
 			break;
 		switch (c) {
-		case 'b':
-			bankd_host = optarg;
+		case 's':
+			server_host = optarg;
 			break;
 		case 'p':
-			bankd_port = atoi(optarg);
-			break;
-		case 'c':
-			client_id = atoi(optarg);
-			break;
-		case 's':
-			slot_nr = atoi(optarg);
+			server_port = atoi(optarg);
 			break;
 		case 'h':
 			print_help();
@@ -726,11 +753,6 @@
 		goto do_exit;
 	}
 
-	if (client_id < 0 || slot_nr < 0) {
-		fprintf(stderr, "You have to specify the remote SIM client ID and slot number\n");
-		goto do_exit;
-	}
-
 	rc = libusb_init(NULL);
 	if (rc < 0) {
 		fprintf(stderr, "libusb initialization failed\n");
@@ -750,13 +772,20 @@
 	g_tall_ctx = talloc_named_const(NULL, 0, "global");
 
 	g_client = talloc_zero(g_tall_ctx, struct bankd_client);
-	g_client->bankd_host = bankd_host;
-	g_client->bankd_port = bankd_port;
-	g_client->own_comp_id.type = ComponentType_remsimClient;
-	g_client->clslot = &(ClientSlot_t){ .clientId = client_id, .slotNr = slot_nr };
-	OSMO_STRLCPY_ARRAY(g_client->own_comp_id.name, "simtrace2-remsim-client");
-	OSMO_STRLCPY_ARRAY(g_client->own_comp_id.software, "remsim-client");
-	OSMO_STRLCPY_ARRAY(g_client->own_comp_id.sw_version, PACKAGE_VERSION);
+
+	srvc = &g_client->srv_conn;
+	srvc->server_host = server_host;
+	srvc->server_port = server_port;
+	srvc->handle_rx = srvc_handle_rx;
+	srvc->own_comp_id.type = ComponentType_remsimClient;
+	OSMO_STRLCPY_ARRAY(srvc->own_comp_id.name, "simtrace2-remsim-client");
+	OSMO_STRLCPY_ARRAY(srvc->own_comp_id.software, "remsim-client");
+	OSMO_STRLCPY_ARRAY(srvc->own_comp_id.sw_version, PACKAGE_VERSION);
+	rc = server_conn_fsm_alloc(g_client, srvc);
+	if (rc < 0) {
+		fprintf(stderr, "Unable to create Server conn FSM: %s\n", strerror(errno));
+		exit(1);
+	}
 
 	asn_debug = 0;
 	osmo_init_logging2(g_tall_ctx, &log_info);