Swedish Common Interpretation of ISO Payment Messages Readers Guide

Transcription

1 Swedish Common Interpretation of ISO Payment Messages Readers Guide

2 1 (2) Version Date Changes Initial version Updates after external review Page 4: Code BD changed from Bank Dependent to Bilaterally Determined Datum Sidan 1

3 Introduction This document is the Reader s Guide to the Swedish Common Interpretation of ISO 20022, an interpretation performed by six Swedish banks 1. The purpose of the interpretation is to provide information regarding the use of ISO applied to Swedish conditions. The purpose of this document is to provide information as how to read the documents that are part of that information package. The contents of the documents are based on work by the ISO working groups, and the Common Global Implementation (CGI) of the ISO messages. Any rules of guidance or assumptions from those sources apply to the results in this information package as well, unless otherwise clearly stated. CGI Compliance The results of the Swedish Common Interpretation of ISO are based on the CGI templates for the respective message. All results are fully CGI compliant. For more information, see the CGI web site at ISO for SEPA and non-sepa payment messages The Single Euro Payment Area (SEPA) End Date Regulation prescribes ISO as a mandatory format for all payments in euro within SEPA. This requirement will most certainly lead to a need for usage of the same message format, ISO 20022, also for non-sepa payment messages. This information package describes the Swedish interpretation of ISO payment messages for non-sepa payments and describes how the ISO format should be applied to proprietary Swedish payment schemes. The European Payment Councils (EPC) Message Implementation Guidelinde (MIG) regarding ISO has been studied and all elements from the EPC MIG for the respective message are present in the Swedish Common Interpretation. However, the scope of this work is more extensive than SEPA and encompasses; existing proprietary Swedish payment schemes (Bankgiro, Dataclearing and Plusgiro) other currencies than euro. Therefore specific questions exclusively concerning the interpretation of the EPC ISO MIG should be addressed to EPC and/or the specific financial institution concerned. Message Implementation Guidelines for SEPA Credit Transfers and SEPA Direct Debits can be downloaded from the EPC website: 2 (2) 1 Swedbank, Nordea, Svenska Handelsbanken, SEB, Danske Bank and DnB Datum Sidan 2

4 References ISO Message Definition Report Payments, ISO, September 2009 ISO Credit Transfer Common Global Implementation MIG, CGI, June 2011 ISO Payment Status Report Common Global Implementation MIG, CGI, June (2) Implementation Guide Columns All columns from the CGI templates that are applicable to the Swedish Common Interpretation of ISO are present in the implementation guides that are part of this package. For an explanation of the contents of those columns, please refer to the CGI documentation available at the CGI Resource Center located at In addition to the CGI columns of the implementation guide, the Swedish implementation guides adds two columns: a status column and a comment column. For messages for which subtypes have been identified, those columns are repeated for each subtype. Examples of such subtypes are Credit Notification and Debit Notification for camt.054 or Payment Initiation Acknowledgement and Payment Status Report for pain.002. The Status column for the Common Swedish Interpretation mirrors those of the Common Global Implementation with minor deviations as explained in the table further down in this section. When compiling this document, great effort has been made to harmonise how each element is used by the participating banks. However, the use of some elements is still different between those banks, and those have the status of Bilaterally Determined (BD). For any such element, it is necessary to consult the respective banks representatives for details. Whenever the status of Conditional (C) is used, the condition upon which the use of the element is dependent has been stated if possible. If no condition is present, the use of the element should be considered optional. CODE TERM EXPLANATION R Required Customer to Bank This element is mandatory in the schema, or is required by all of the participating banks. An "R" field may represent a piece of data that some of the banks do not need for processing, but have agreed that the client may send. This element will be provided as part of the message received from the bank provided that valid content may be provided. C Conditional Customer to Bank This element needs to be present when certain conditions apply. The condition is present in the COMMENT column under Swedish Common Interpretation. Datum Sidan 3

5 BD Bilateraly Determined This element will be present when certain conditions are met. The condition is present in the COMMENT column under Swedish Common Interpretation. Customer to Bank The use of this element varies between the participating banks. Please consult the banks Message Implementation Guide, or consult a representative of the bank. 4 (2) See Customer to Bank above. XOR Exclusive OR Customer to Bank Select one or the other field, but not both. One or the other field may be present, but not both. NU Not Used Customer to Bank This element is ignored. The element may be present and will be ignored by the participating banks. This element will not be provided in the message received from the bank. NOTE: Messages, both from customer to bank and from bank to customer may be overpopulated, and thus use element marked in the implementation guides as Not Used. This shall not be reason for rejecting a message or being unable to process it. Information Package Contents The Swedish Common Interpretation of ISO messages consist of the following separate documents: Readers Guide to the Swedish Common Interpretation of ISO messages.pdf This document pain Swedish Common Interpretation.pdf The Message Implementation Guide for the Customer Credit Transfer Initiation V3 pain pain Swedish Common Interpretation.pdf The Message Implementation Guide for the Customer Payment Status Report V3 pain camt Swedish Common Interpretation.pdf The Message Implementation Guide for the Bank To Customer Account Report V02 camt Datum Sidan 4

6 camt Swedish Common Interpretation.pdf The Message Implementation Guide for the Bank To Customer Statement V02 camt camt Swedish Common Interpretation.pdf The Message Implementation Guide for the Bank To Customer Debit Credit Notification V02 camt (2) Appendix 1 - Common Payment Types in Sweden.pdf An appendix describing agreed upon rules for the population of ISO messages for common payment types in Sweden with examples. All three documents should be read in conjunction, as they each provide complementing information. The Message Implementation Guide for pain.001 and pain.002 is built using the CGI templates for those messages. It adheres to the same content rules and use of status indicators as the CGI templates. More Information For more information, comments, or questions, please consult the Swedish Bankers Association web site at Datum Sidan 5