Payment types & currencies

[valh1996]

Hi,

According to this document :
ig-credit-transfer-v2.0.2-en.pdf

I'm wondering how to make payments in different currencies (other than SEPA) knowing that I have one bank account per currency:

• CHF
• EUR
• USD
• GBP

At first I thought I'd make one PAIN file per account, but on this image (taken from the pdf) SEPA is only for the currency EUR.

Would it be possible to include national and cross-border payments in this package @pblanchardie please?

If you have any further information, I'd be delighted to hear from you.

Thanks

[pblanchardie]

Hi,

Indeed, it has only been used with SEPA.

Yes, you'll need to generate 1 message per debtor account.

Then select the payment type

• D: domestic CHF/EUR
• S: SEPA for cross-border EUR
• X: cross border all other currencies (USD/GBP)

As you've probably noticed, you can generate messages for any service level code (SvcLvl, according to Payments External Code Lists [8]) by using the following:

CreditTransferOperation creditTransfer = Bank.jaxbCreditTransfer()
    .serviceLevelCode("CHBCC")
    // etc.

see https://www.iso20022.org/catalogue-messages/additional-content-messages/external-code-sets

But you can't specify the other PaymentTypeInformation (PmtTpInf) elements: InstrPrty, LclInstrm, CtgyPurp. Do you need some?

Regarding Creditor Agent, only BIC is supported but I can easily add support for more FinancialInstitutionIdentification fields. What do you need for domestic CH/LI and cross-border? Could you provide sample data for such identification?

Feel free to request support for additional fields.

[valh1996]

Thank you for your reply.

This is perfect for the serviceLevelCode, I hadn't seen that it could be specified. So I'm thinking of defining the service code as follows:

• D - domestic: CHBCC
• S - SEPA: SEPA
• X - cross borders: URGP

After reading the above PDF, the InstrPrty, LclInstrm, CtgyPurp fields don't need to be specified.

Regarding Creditor Agent, I have created a feature request #7 .
For many payments, even international, I do not necessarily have an IBAN, even though I know that this is recommended by the ISO20022 standard.