 Option T |
3!c |
(Type) |
Conditional (see rule C3) in mandatory sequence A
This field identifies the nature of, purpose of, and/or reason for all transactions in the message, for example, invoices, subscriptions, instalment payments.
The information given is intended both for regulatory and statutory requirements and to provide information to the debtor on the nature of the transaction.
Codes must be agreed upon bilaterally.
