pain.013

Instant payments systems are implementing or planning to implement a request for payment / Request to Pay functionality

Usage

Pain.0131.03 is used for Request to Pay functionality.

The Request To Pay message, or CreditorPaymentActivationRequest message as formally
named in ISO 20022, has the following scope:

The CreditorPaymentActivationRequest message is sent by the Creditor
sending party to the Debtor receiving party, directly or through agents. It
is used by a Creditor to request movement of funds from the debtor
account to a creditor.