CGI-MP business rules
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      PmtMtd

      PmtMtd.png

      Supported values for PmtMtd as defined by ISO 20022:

      • Code Name Definition
        CHK Cheque Written order to a bank to pay a certain amount of money
        from one person to another person.
        TRF TransferAdvice Transfer of an amount of money in the books of the account
        servicer. An advice should be sent back to the account
        owner.
        TRA CreditTransfer Transfer of an amount of money in the books of the account
        servicer.

       

      Screenshot of the CGI implementation shows the usage of the element as follows: Non-cheque payments are mandated to have value "TRF".