If used, it is recommended to be used at ‘Payment
Information’ level and not at ‘Credit Transfer Transaction
Information’ level.
It is recommended that this element be specified
at ‘Payment Information’ level.
This data element may be present either at
‘Payment Information’ or at ‘Credit Transfer Transaction
Information’ level.
If a Creditor Reference contains a check digit,
the receiving bank is not required to validate this.
If the receiving bank validates the check digit and if this
validation fails, the bank may continue its processing and send
the transaction to the next party in the chain.
RF Creditor Reference may be used (ISO 11649).
Either ‘BIC or BEI’ or one
occurrence of ‘Other’ is allowed.
Either ‘Date and Place of Birth’ or one
occurrence of ‘Other’ is allowed.
‘Name’ is limited to 70 characters
in length.
‘Name’ is limited to 70 characters
in length.
Only ‘TRF’ is allowed.
If present and contains ‘true’, batch booking is
requested. If present and contains ‘false’, booking per
transaction is requested. If element is not present, pre-agreed
customer-to-bank conditions apply.
If used, it is recommended to be used only at
‘Payment Information’ level and not at Credit Transfer Transaction
Information’ level.
When Instruction Priority is to be used, ‘Payment Type Information’
must be present at ‘Payment Information’ level.
This data element may be present either at
‘Payment Information’ or at ‘Credit Transfer Transaction
Information’ level.
It is recommended that this element be specified
at ‘Payment Information’ level.
If present, pre-agreed customer-to-bank
conditions apply.
Depending on the agreement between the Originator
and the Originator Bank, ‘Category Purpose’ may be forwarded to
the Beneficiary Bank.
Depending on the agreement between the Originator
and the Originator Bank, ‘Category Purpose’ may be forwarded to
the Beneficiary Bank.
Only codes from the ISO 20022 ExternalPurposeCode
list are allowed.
When present, the receiving bank is not obliged
to validate the the reference information.