Element Name Element Multiplicity DataType Proposed Definition Location Agent Identification of a [1..1] Level 5, in financial ‘TrackedAgent’ Tag: Agt institution. Charge Bearer Specifies which [0..1] ChargeBearerType1Code Level 5, in party/parties ‘TrackedAgent’ Tag: (DEBT, CRED, SHAR) ChrgBr bears the charges associated with the processing of the payment transaction. Provides [0..1] Charges2 without the Level 5, in information on part. ‘Agent’ ‘TrackedAgent’ the charges to be Tag: ChrgsInf paid by the charge bearer(s) related to the payment transaction. Specifies the [0..1] Structure including: Level 5, in exchange rate Source Currency, Target ‘TrackedAgent’ details between two Currency, Exchange Rate Tag: FXDtls currencies. and Unit Currency. 1The existing element Information’ cannot be used as the definition clearly indicates that it is ‘Charges exclusively used in use cases’. The Information’ inside the new Transaction ‘reject ‘Charges ‘Interbank Information/Tracked Agent’ reflects the that a particular agent has performed on its leg of the payment ‘deduct’ transaction. Schema (just provided for clarity and as such xml tags have not been used) Purpose of the change: Enhance the pain.002 to allow (multi-banked) corporates to benefit from of ISO bank-to-corporate flows for tracking and confirmation of “standardization” payments in corporate back-office systems. These flows should be automated and fully integrated in ERP and TMS systems.
Element Name Element Definition Multiplicity DataType Proposed Location Agent Tag: Agt Identification of a financial institution. [1..1] Level 5, in ‘TrackedAgent’ Charge Bearer Tag: ChrgBr Specifies which party/parties bears the charges associated with the processing of the payment transaction. [0..1] ChargeBearerType1Code (DEBT, CRED, SHAR) Level 5, in ‘TrackedAgent’ Tag: ChrgsInf Provides information on the charges to be paid by the charge bearer(s) related to the payment transaction. [0..1] Charges2 without the ‘Agent’ part. Level 5, in ‘TrackedAgent’ Tag: FXDtls Specifies the exchange rate details between two currencies. [0..1] Structure including: Source Currency, Target Currency, Exchange Rate and Unit Currency. Level 5, in ‘TrackedAgent’ 1The existing element ‘Charges Information’ cannot be used as the definition clearly indicates that it is exclusively used in ‘reject use cases’. The ‘Charges Information’ inside the new ‘Interbank Transaction Information/Tracked Agent’ reflects the ‘deduct’ that a particular agent has performed on its leg of the payment transaction. Schema (just provided for clarity and as such xml tags have not been used) Purpose of the change: Enhance the pain.002 to allow (multi-banked) corporates to benefit from “standardization” of ISO bank-to-corporate flows for tracking and confirmation of payments in corporate back-office systems. These flows should be automated and fully integrated in ERP and TMS systems.
CR0749_SWIFT_pain002_gpi_v1.docx