PaymentTypeInformation

Fields (4)

• instructionPriorityPriorityCode

  ISO20022: Indicator of the urgency or order of importance that the instructing party would like the instructed party to apply to the processing of the instruction.

  Schema: PriorityCode

  Code
  HIGH
  NORM

• serviceLevelServiceLevelCode

  ISO20022: Agreement under which or rules under which the transaction should be processed. Specifies a pre-agreed service or level of service between the parties, as published in an external service level code list.

  Schema: ServiceLevelCode

  Code
  SEPA

• localInstrumentLocalInstrumentCode

  ISO20022: User community specific instrument.

  Schema: LocalInstrumentCode

  ISO20022: User community specific instrument. Usage: This element is used to specify a local instrument, local clearing option and/or further qualify the service or service level. API: "INST" value is to be used in order to ask for an SEPA instant Payment (SCTInst). For International payments, this field may be valued with one of the ISO20022 external code to specify which payment instrument should be used by the creditor's bank.

  Type: string

• categoryPurposeCategoryPurposeCode

  ISO20022: Specifies the high level purpose of the instruction based on a set of pre-defined categories. This is used by the initiating party to provide information concerning the processing of the payment. It is likely to trigger special processing by any of the agents involved in the payment chain.

  Schema: CategoryPurposeCode

  Code	Name	Description
  CASH	CashManagementTransfer	Transaction is a general cash management instruction.
  CORT	TradeSettlementPayment	Transaction is related to settlement of a trade, e.g. a foreign exchange deal or a securities transaction.
  DVPM	DeliverAgainstPayment	Code used to pre-advise the account servicer of a forthcoming deliver against payment instruction.
  INTC	IntraCompanyPayment	Transaction is an intra-company payment, i.e. a payment between two companies belonging to the same group.
  SALA	SalaryPayment	Transaction is the payment of salaries.
  TREA	TreasuryPayment	Transaction is related to treasury operations. E.g. financial contract settlement.