update source specify your own source ie your loopback
0 serial 0 etc.

peering address is your next-hop addr


regards,

suaveguru
--- Khalid Jiwani <[EMAIL PROTECTED]> wrote:
> Hi everyone:
> 
> If I am establishing an EBGP session with a remote
> router, what should be the ip address in the command
> "
> neighbor update-source" of remote peer ? my IP
> address
> or his own IP ?  ( Remote neighbor is using me for
> transit)
> 
> Thanks in Advance
> 
> Khalid
> 
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