MT 102 STP Field Specifications

15. Field 70: Remittance Information

FORMAT

4*35x

(Narrative)

PRESENCE

Optional in mandatory sequence B

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	Invoice (followed by the date, reference and details of the invoice).
IPI	International Payment Instruction	Unique reference identifying a related International Payment Instruction (followed by up to 20 characters).
RFB	Reference for Beneficiary	Reference for the beneficiary customer (followed by up to 16 characters).
ROC	Reference of Customer	Ordering customer's reference.
TSU	Trade Services Utility transaction	The code placed between slashes ('/') must be followed by the TSU transaction identifier, a slash ('/'), the invoice number, a slash ('/') and the amount paid.

USAGE RULES

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

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

For STP purposes, when an ISO 11649 Creditor Reference is present in this field it must be on the first line, without any characters preceding it, and it must be the only information on that line.