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| 1. Introduction |
Status
| MESSAGE TYPE | : WREMUL |
| REFERENCE DIRECTORY | : D.01B |
| EANCOM® SUBSET VERSION | : 003 |
Definition
A Multiple Credit Advice message is sent by an Account Servicing Financial Institution to the Account Owner or to a third party, which has agreed bilaterally in advance, that its account(s) has been or will be credited for specified amount(s) on the date(s) indicated, in settlement of the referenced business transaction(s).
Principles
A Multiple Credit Advice message may cover the financial settlement of one or more commercial trade transactions, such as invoices, debit notes, etc.
Several credit accounts, value dates, entry dates and currencies may be specified.
The message may be used to indicate the charges associated with the transaction(s) detailed within the message and also the party responsible for their payment.
Notes
This section should be read in conjunction with the Branching Diagram and the Segment Table which indicate mandatory, conditional and repeating requirements.
The following semantic principles which apply to the message are intended to facilitate a better understanding of the message:
The Multiple Credit Advice message is structured in three levels, A, B, and C.
- Level A contains data related to routing criteria for the whole message and is contained in the heading section, segment group 1 through 3, the CNT segment, group 28, and the UNT segment.
- Level B contains data from the credit side (one credit account, one currency, one execution date) and data which applies to all further details of C level(s) and is contained in segment group 4 through 9.
- Level C contains detailed data related to the transactions which make up the credit side and is contained in segment group 10 through 27.
The structure of the message is designed to allow several B levels, each B level being followed by its related C levels.
Using the message for simple,
extended, or multiple transactions
The multiple credit advice message may be used by a beneficiary's bank to transmit single, extended, or multiple credit advices to a beneficiary.
A credit advice is a message from a bank to its customer providing notification that funds have been credited to its account(s) and identifying the party responsible for the credit.
A simple credit advice always relates to one credit from one ordering customer to the account(s) of one beneficiary. To use the WREMUL message as a simple credit advice the following data will be provided;
| Data | Where |
| Ordering Customer Data / Beneficiary data |
NAD - Group 14 FII - Groups 6 and 10 |
| Credit Values | MOA - segment group 4 (Total WREDIT value) MOA - segment group 13 (Individual WREDIT transaction values) |
| Bank Reference Number | RFF - segment group 5 and 11 (qualifier ACK data element 1153) |
| Ordering Customer Reference Number | RFF - segment group 5 and 11 (qualifier WR data element 1153 - taken from PAYMUL) |
| Payment Data | Segment group 20 (PRC segment) Segment group 21 (DOC segment) Segment group 27 (GIS segment) Remittance data previously provided in the EANCOM® REMADV message. |
An extended credit advice always relates to many credits from one ordering customer to the account of one beneficiary. To use the WREMUL message as an extended credit advice the following data will be provided;
| Data | Where |
| Ordering Customer Data / Beneficiary data |
NAD - Group 14 FII - Groups 6 and 10 |
| Credit Values | MOA - Group 4 (Total WREDIT value) MOA - Group 13 (Individual WREDIT transaction values) |
| Bank Reference Number | RFF - Group 5 and 11 (qualifier AIK data element 1153) |
| Ordering Customer Reference Number | RFF - Group 5 and 11 (qualifier WR data element 1153 - taken from PAYMUL) |
| Payment Data | Group 20 (PRC segment) Group 21 (as many segments as required) to identify each payment made. Group 27 (GIS segment) |
A multiple credit advice always relates to many credits from many ordering customers to the account(s) of one beneficiary. The complete structure of the WREMUL message may be transmitted in order to provide multiple credit advices.
Remittance data
Included in the multiple credit advice message is the functionality to provide detailed remittance data. This data is simply transmitted by the ordering customer's bank to the beneficiary’s bank (is not changed by either bank) for ultimate transmission to the beneficiary in the multiple credit advice.
In addition to this facility EANCOM® also includes the Remittance Advice message (REMADV). The method to be used to communicate remittance advice data depends on user requirements.
If the user wishes to transmit the remittance information using the EANCOM® REMADV message a link is established between the credit advice and the REMADV using the RFF segment in segment group 11.
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