MT 102+ Field Specifications

15. Field 70: Remittance Information

FORMAT

4*35x

(Narrative)

PRESENCE

Optional

DEFINITION

This field specifies details of the individual transaction which are to be transmitted to the beneficiary customer.

CODES

One of the following codes may be used, placed between slashes ('/'):

INV	Invoice (followed by the date, reference and details of the invoice).
IPI	Unique reference identifying a related International Payment Instruction (followed by up to 20 characters).
RFB	Reference for the beneficiary customer (followed by up to 16 characters).
ROC	Ordering customer's reference.

USAGE RULES

This field must not contain information to be acted upon by the Receiver.

Due to national clearing restrictions, which vary significantly from country to country, the Sender must agree to the maximum usable length of this field with the Receiver.