The
Set Matte effect replaces the alpha channel (matte) of a layer with
a channel from another layer above it for the creation of traveling
matte results. The Set Matte effect is intended only to provide
compatibility with projects created in earlier versions of After
Effects that use the Set Matte effect.
This effect works with 8-bpc and 16-bpc color.

Original (top left), matte layer (bottom left), and result
(bottom right)
Although you can use Set Matte for a traveling
matte, it’s easier and faster to create traveling mattes by using
a track matte. (See About track mattes and traveling mattes.)
- Take Matte From Layer
-
The layer to use as the replacement matte.
- Use For Matte
-
The channel to use for the matte.
- Invert Matte
-
Inverts the transparency values of the matte.
- Stretch Matte To Fit
-
Scales the selected layer to match the size of the current layer.
If Stretch Matte To Fit is deselected, the layer designated as the
matte is centered in the first layer.
- Composite Matte With Original
-
Composites the new matte with the current layer, rather than
replacing it. The resulting matte allows the image to show through
only where the current matte and the new matte both have some opacity.
- Premultiply Matte Layer
-
Premultiplies the new matte layer with the current layer.