Format
Option E 4!c[/30x] (Instruction Code)(Additional Information)
Definition
This field specifies an instruction.
Codes
Instruction Code must contain one of the following codes (Error code(s): T47):
|
CHQB |
Cheque |
Pay beneficiary customer by cheque only. The optional account number line in field 59a must not be used. |
|
CORT |
Corporate Trade |
Payment is made in settlement of a trade, for example, foreign exchange deal, securities transaction. |
|
HOLD |
Hold |
Beneficiary customer/claimant will call; pay upon identification. |
|
INTC |
Intra-Company Payment |
A payment between two companies belonging to the same group. |
|
PHOB |
Phone Beneficiary |
Please advise/contact beneficiary/claimant by phone. |
|
PHOI |
Phone Intermediary |
Please advise the intermediary institution by phone. |
|
PHON |
Telephone |
Please advise account with institution by phone. |
|
REPA |
Related Payment |
Payment has a related e-Payments reference. |
|
SDVA |
Same Day Value |
Payment must be executed with same day value to the beneficiary. |
|
TELB |
Telecommunication |
Please advise/contact beneficiary/claimant by the most efficient means of telecommunication. |
|
TELE |
Telecommunication |
Please advise the account with institution by the most efficient means of telecommunication. |
| TELI | Telecommunication | Please advise the intermediary institution by the most efficient means of telecommunication. |
Network validated rules
Additional Information is only allowed when Instruction Code consists of one of the following codes: PHON, PHOB, PHOI, TELE, TELB, TELI, HOLD or REPA (Error code(s): D97).
If this field is repeated, the codes must appear in the following order (Error code(s): D98):
SDVA
INTC
REPA
CORT
HOLD
CHQB
PHOB
TELB
PHON
TELE
PHOI
TELI
When this field is used more than once, the following combinations are not allowed (Error code(s): D67):
SDVA with HOLD
SDVA with CHQB
INTC with HOLD
INTC with CHQB
REPA with HOLD
REPA with CHQB
REPA with CORT
CORT with HOLD
CORT with CHQB
HOLD with CHQB
PHOB with TELB
PHON with TELE
PHOI with TELI
Usage rules
This field may be repeated to give several coded instructions to one or more parties.
Code REPA indicates that the payment is the result of an initiation performed via an e-payments product between the customers. This code is intended for the beneficiary's bank who should act according to the specifications of the e-payments product.
Examples
:23E:CHQB
:23E:TELI/3226553478