MT 202 COV Field Specifications

17. Field 70: Remittance Information

FORMAT

4*35x

(Narrative)

PRESENCE

Optional in mandatory sequence B

DEFINITION

This field specifies either the details of the individual transaction or a reference to another message containing the details 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

If the Remittance Information field was present in the underlying customer credit transfer message that was sent with the cover method, then this field must carry that Remittance Information.