ISO20022
A single standardization approach (methodology, process, repository) to be used by all financial standards initiatives
Messages
ISO20022 Messages in SCT
SEPA Credit Transfer comprises of ISO20022 messages, this blog helps you in getting more insight on messages exchanged between C2B and FI2FI
23E, Instruction Code in MT103
Field 23E, Instruction Code in MT103 MT103 field 23E stands for instruction code. 23E is an optional field in MT103 and it can occur more than once. Format: 4!C[/30x] – 4 Character Code, optionally followed by ‘/’ and additional text of 30 characters List of allowed instruction codes in field 23E of MT103 CHQB – …
SWIFT Messages
SWIFT MT Message Categorization Category 1 – Customer Payments and Cheques Category 1 consists of the following types of customer related payment messages: customer credit transfers customer debit transfers cheque payments The messages in this category deal with payments, or information about payments, in which the ordering party or the beneficiary, or both, are not …