A Payment Order is sent by the Ordering Customer (or Payor or Agent on behalf of the Ordering Customer) to the Ordered Bank, to instruct the Ordered Bank to debit an account it services for the Ordering Customer, and to arrange for the payment of a specified amount to the Beneficiary (or Payee or Agent in favour of Beneficiary) in settlement of the referenced business transaction(s). Throughout this document, the term 'Ordering Customer' refers to either an Ordering Customer, or a Payor or Agent acting on behalf of the Ordering Customer; likewise the term 'Beneficiary' refers to either a Beneficiary, or a Payee or Agent acting on behalf of the Beneficiary.
To head, identify and specify a message.
To indicate the type and function of a message and to transmit the identifying number.
To provide information related to the processing and purpose of a financial message.
To specify the instructions for payment.
Description of allocation of charges.
To specify date, and/or time, or period.
To provide free form or coded text information.
To specify a reference.
To specify date, and/or time, or period.
To specify a monetary amount.
To specify currencies used in the transaction and relevant details for the rate of exchange.
To specify date, and/or time, or period.
To specify a reference.
To identify an account and a related financial institution.
To identify a person or a department to whom communication should be directed.
To identify a communication number of a department or a person to whom communication should be directed.
To specify the name/address and their related function, either by C082 only and/or unstructured by C058 or structured by C080 thru 3207.
To identify a person or a department to whom communication should be directed.
To identify a communication number of a department or a person to whom communication should be directed.
To specify parties to an instruction, the instruction, or both.
To provide free form or coded text information.
To specify date, and/or time, or period.
To identify processing information.
To specify a monetary amount.
To identify a place or a location and/or related locations.
To specify the name/address and their related function, either by C082 only and/or unstructured by C058 or structured by C080 thru 3207.
To specify sector/subject requirements and conditions.
To provide free form or coded text information.
To identify documents and details directly related to it.
To specify date, and/or time, or period.
To specify results of the application of an authentication procedure.
To specify date, and/or time, or period.
To end and check the completeness of a message.
