The Superannuation Contributions Advice is sent by a party to an organisation administering a superannuation scheme, to detail contribution payments made for members of the superannuation scheme.
A service segment starting and uniquely identifying a message. The message type code for the Superannuation contributions advice message is SUPCOT. Note: Superannuation contributions advice messages conforming to this document must contain the following data in segment UNH, composite S009: Data element 0065 SUPCOT 0052 D 0054 18A 0051 UN
A segment for unique identification of the Superannuation Contributions Advice Message, the type of Superannuation Contributions Advice and its function.
A segment for referencing information related to the whole message. The scheme/ plan number is mandatory. In addition, the employer number and other references, such as references to payments, may be provided.
A segment specifying the payment means (e.g. cheque or direct bank transfer) and, if required, the payment channel for the Superannuation Contributions Advice. The payment conditions may also be specified.
A segment giving the currency and the associated exchange rate of the total amount paid in relation to this advice.
A segment identifying the financial institution (e.g. bank) and account number of the issuing party, and, where required, the receiving party.
A segment which may include the message date, the payment date, the cheque date, the date and time associated with any validation keys, and other dates relevant to the whole of the message.
A segment to indicate payment terms applicable to the whole message, such as the number of periods covered by the contributions advice.
A segment for free text information in coded or clear form, to give further clarification when required to the Superannuation Contributions Advice message. It should be noted that the use of clear text may require special processing of this segment.
A segment identifying the name and address of the parties associated with the Superannuation Contributions Advice and their functions. Examples are: the employer, the recipient system and the name and address of the payer's financial institution if required.
A segment giving additional contact information of a person or department specified in the NAD segment and to whom communication should be directed.
A segment specifying communication contact number.
