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A group of segments identifying the financial institutions involved in the direct debit. |
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Function: |
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To identify an account and a related financial institution. |
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EAN |
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Party function code qualifier |
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M |
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AS |
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Account servicing financial institution |
HP |
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Final message recipient |
MR |
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Message recipient |
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ACCOUNT HOLDER IDENTIFICATION |
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N |
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Account holder identifier |
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Currency identification code |
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INSTITUTION IDENTIFICATION |
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R |
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A |
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Code list identification code |
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O |
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Code list responsible agency code |
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D |
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5 |
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ISO (International Organization for Standardization) |
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Institution branch identifier |
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O |
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Code list identification code |
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O |
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Code list responsible agency code |
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D |
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5 |
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ISO (International Organization for Standardization) |
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O |
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Institution branch location name |
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O |
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D |
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Segment Notes: |
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This segment is used to identify the receiving financial institution of the Direct Debit message. The preferred way to identify a bank and its branch is in machine readable format using data elements 3433 and 3434. When using C088 it is recommended that if data element 3433 is not used that 3432 be used, and that when data element 3434 is not used that data element 3436 be used.
Example: FII+MR++KREDBEBB:25:5' The bank receiving the direct debit message is identified using the bank identification code KREDBEBB (which is maintained by ISO). |
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