ISO 7982-1:1998

INTERNATIONAL
7982-l
STANDARD
Second edition
1998-04- 15
Bank telecommunication - Funds transfer
messages -
Part 1:
Vocabulary and universal set of data segments
and data elements for electronic funds transfer
messages
- Messages de transfer? de fonds -
T&communication bancaire
Parfie I: Vocabulaire et jeu universe1 des segments et klkments de
donnkes pour des messages klectroniques de transfer? de fonds
Reference number
IS0 7982-l :1998(E)
IS0 7982-1: 1998(E)
Page
Contents
Scope . 1
I
2 Normative references .
3 Vocabulary .
................... 8
4 Universal set of funds transfer data segments and data elements
Annexes
A Parties to a transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
I3 Telex funs transfer message field descriptors
C Payment, clearing and telecommunications system for wholesale electronic
funds transfers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
0 IS0 1998
All rights reserved. Unless otherwise specified, no part of this publication may be reproduced
or utilized in any form or by any means, electronic or mechanical, including photocopying and
microfilm, without permission in writing from the publisher.
lnternationai Organization for Standardization
Case postale 56 l CW12d l Geneve 20 l Switzerland
D nternet central @ iso.ch
x.400 c=ch; a=400net; p=iso; o=isocs; s=central
Printed in Switzerland
ii
IS0 7982-l : 1998(E)
0 IS0
Foreword
IS0 (the International Organization for Standardization) is a worldwide federation
of national standards bodies (IS0 member bodies). The work of preparing
International Standards is normally carried out through IS0 technical committees.
Each member body interested in a subject for which a technical committee has
been established has the right to be represented on that committee. International
organizations, governmental and non-governmental, in liaison with ISO, also take
part in the work. IS0 collaborates closely with the International Electrotechnical
Commission (I EC) on all matters of electrotechnical standardization.
Draft International Standards adopted by the technical committees are circulated
to the member bodies for voting. Publication as an International Standard requires
approval by at least 75 % of the member bodies casting a vote.
International Standard IS0 7982-l was prepared by Technical Committee
ISOAC 68, Banking and related financial services.
replaces the first edition
This second edition cancels and
(IS0 7982~1:1987), of which it constitutes a technical revision.
IS0 7982 consists of the following part, under the general title Bank
telecommunication - Funds transfer messages:
elements for
- Pati I: Vocabulary and universal set of data segments and data
electronic funds transfer messages.
Annexes A to C of this part of IS0 7982 are for information only.

IS0 7982-l :1998(E)
Introduction
The use of electronic communication media and services nationally and
internationally by financial institutions to initiate a variety of payment and
payment-related transactions has increased dramatically. This has been
made possible in part for the development of national and international
communications networks. These networks, however, have developed
in response to individual markets on a more or less independent basis
which has led to a lack of uniformity, commonality, and standardization
in the definition, specification, and representation of data segments and
data elements used, or which may be used, electronically in support of a
fully automated payment system.
The number of participants, volume of messages, and use of multiple
networks has created a need for the standardization in terms of
specification and definition of data segments and data elements that
appear, or which may appear in the future, in payment or payment-
related messages so that instructions will be clear to all parties and the
need for interpretation and human intervention will be non-existent or, at
least greatly minimized.
In this electronic communication environment, messages which are
currently being exchanged, or are anticipated for future electronic
exchange, support such varied banking functions as: funds transfers,
foreign exchanges, securities transactions, collections, and documentary
credits. This part of IS0 7982 addresses the vocabulary and data
segments and data elements of funds transfer messages only.
IV
INTERNATIONAL STANDARD @ IS0
IS0 7982-l :1998(E)
Bank telecommunication
- Funds transfer messages -
Part 1:
Vocabulary and universal set of data segments and data elements for
electronic funds transfer messages
Institution
1 Scope
Receiver’s Correspondent
This part of IS0 7982 specifies, defines and sets forth the
Since it is incumbent upon the receiver of a funds transfer
vocabulary terms, representation of data segments and
message to interpret and understand the full intent and
data elements used today and in the near future in the
meaning of funds transfer messages received through a
description, processing and formatting of funds transfer
variety of services or systems, the data elements identified
payment orders exchanged between financial institutions.
in this part of IS0 7982 are defined from the perspective of
Additionally, this Universal Set of Data Segments and Data
the Receiver.
Elements for Electronic Funds Transfer Messages is
ordered by logical function groupings (data segments) and
therefore may be considered as a basic funds transfer
2 Normative references
message format.
The following normative documents contain provisions
The appearance of certain information is essential to the
which, through reference in this text, constitute provisions of
successful processing of a funds transfer message. For the
this part of IS0 7982. For dated references, subsequent
purposes of this part of IS0 7982, the data segments and/or
amendments to, or revisions of, any of these publications
data elements that provide this information have been
do not apply. However, parties to agreements based on this
designated as mandatory. In some cases, the mandatory
data segment and/or data elements must always appear in part of IS0 7982 are encouraged to investigate possibility of
the message (e.g., data segment - amount; data element applying the most recent editions of the normative
- transaction amount). Data segments and data elements
documents indicated below. For undated references, the
falling into this category are identified as ME (Mandatory
latest edition of the normative document referred to applies.
Explicit) in the standard. In other instances, the data
Members of IS0 and IEC maintain registers of currently
segment and/or data elements must either appear in the
valid International Standards.
message or be derivable from another mandatory data
segment and/or data element in the message or from the
IS0 2014, Writing of calendar dates in all-numeric form.
processing conventions of the system used (e.g., data
segment - beneficiary’s financial institution). These data
IS0 4217, Codes for the representation of currencies and
segments and data elements are identified as Ml
funds.
(Mandatory Implicit) in this part of IS0 7982.
Telex formats for interbank payment
IS0 7746, Banking -
In addition, the following rule shall be applied whenever a
messages.
party listed below is present in the message. At a minimum
either the name and address or the identifier (e.g., account
IS0 8730, Banking - Requirements for message
identification) data element must be included.
authentication (wholesale).
Originator
IS0 8908, Banking and related financial services -
Originator’s Financial Institution
Vocabulary and data elements.
Instructing Financial Institution
Intermediary Financial Institution
3 Vocabulary
Beneficiary’s Financial Institution
Beneficiary
While this vocabulary by the limitation of its scope
Senders Correspondent
addresses terms used in funds transfer messages
intermediary Reimbursement Financial (see 3.57), certain of these terms are or may be used

0 IS0
IS0 7982-l :1998(E)
3.14 beneficiary: Ultimate party to be credited or paid as
in other banking applications and may differ slightly by
a result of a transfer.
term or definition owing to the uniqueness of that particular
application.
3.15 beneficiary account identification: The
NOTE - Funds transfer data elements are identified by
identification of the beneficiary’s account, serviced by the
italic type.
beneficiary’s financial
3.1 account identification: The identification assigned institution, which is to be credited with the funds.
by the account servicing bank to identify the account of the
account owner.
3.16 beneficiary advice information; The information
3.2 accou nt owner bank: A bank for which an acco #unt (e.g. telephone number, cable address, contact’s name,
is serviced (account servicing bank). and so on) to facilitate advice to the beneficiary.
at another bank
3.3 account servicing bank: A bank that is the 3.17 beneficiary advice method: A code that specifies
the method (e.g. telephone, letter, wire, and so on) to be
depository for a n account.
used to notify the beneficiary that their account has been
credited or that funds are at their disposal.
3.4 account servicing bank’s reference: The reference
assigned by the account servicing bank to identify the 3.18 beneficiary identifier: A code that unambiguously
transaction. (This is the reference to which the account identifies the beneficiary and which may include
owner shall refer in cases of inquiry to that bank). specification of the type of identifier code that is being
supplied.
3.5 account with institution: The financial ins titution on
who Ise books the receiving customer’s account is held. 3.19 beneficiary method of payment: A code that
specifies how payment is to be made to the beneficiary.
3.6 advice: The affirmation
that an action has taken
3.20 beneficiary name and address: The identification
place.
of the beneficiary by name and address in sufficient detail
to provide positive identification.
3.7 attention party: The person or dep artment whose
attention should be drawn to
the me ssage.
3.21 beneficiary’s financial institution: The financial
institution
3.8 authentication:
A process used between a sender that is requested to act as the financial agent for the
and a receiver to ensure data integrity and to provide data beneficiary.
origin authentication.
financial institution account
3.22 beneficiary’s
3.9 authentication key: A cryptographic key designed to identification: The identification of the beneficiary’s
be known only to the correspondent parties. When this financial institution’s account to be used by the receiver or
key and the text of the message are applied to the by the intermediary financial institution for the further
authentication algorithm (see IS0 8730), the result will be
execution of the transfer.
the MAC (Message Authentication Code).
beneficiary’s financial institution advice
3.23
3.10 available funds: Funds available for The information (e.g. telephone number,
transfer or information:
withdrawal in cash.
cable address, contact’s name, and so on) to facilitate
advice to the beneficiary’s financial institution.
3.11 bank: A financial institution authorized or chartered
by its national regulatory authority to be designated as a
3.24 beneficiary’s financial institution advice method:
bank.
A code that specifies the method (e.g. telephone, letter,
wire, and so on) to be used to notify the beneficiary’s
financial institution that its account has been credited or
3.12 bank operation code: A code which uniquely
that funds are at its disposal.
identifies the method to be used by the Receiver (e.g.,
direct debit, cheque payments and electronic payments) to
transfer all funds transactions.
3.25 beneficiary’s financial institution identifier: A
code that unambiguously identifies the beneficiary’s
financial institution and which may include specification of
3.13 bank settlement date/amount: The value date, the
the type of identifier code that is being supplied.
currency code and the total amount of reimbursement.
@ IS0
IS0 7982-l : 1998(E)
3.26 beneficiary’s financial institution information:
3.40 date: A calendar representation of a point in time.
Miscellaneous information pertaining to the transfer and
intended for the beneficiary’s financial institution only.
3.27 beneficiary’s financial institution method of 3.41 debit advice: An advice by the account servicing
payment: A code that specifies how payment is to be bank of a debit to the account of the receiver (account
made to the beneficiary’s financial institution. owner).
3.28 beneficiary’s financial institution name and 3.42 debit party: The source of funds on the receiving
financial institution’s books.
address: The identification of the financial institution by
name and address in sufficient detail to provide positive
identification.
3.43 debit transfer: An instruction where the sender with
authorization specifies a debit party other that himself.
3.29 book transfe r: At ransfer ts
between two accoun
both service d by the bank e xecutin g the transaction.
3.44 details of charges: The identification of the
3.30 business function code: A code specified by the party(ies) by whom charges for the transaction(s) are to be
originator or the originator’s financial institution to identify borne.
the originator’s under lying business intent or purpose for
the transfer to facilitate routing and/or reconciliation by the
beneficiary or the beneficiary’s financial institution.
3.45 details of receiver’s charges: Details of charges
deducted from (in the case of a debit transfer) or added to
(in the case of a credit transfer) the transaction amount by
3.31 charges: Fees associated with financial services. the sender.
3.32 charges applied: The charges levied for the
3.46 details of sender’s charges: Details of charges
provision of financial services and optionally, further details
added to (in the case of a debit transfer) or deducted from
regarding who applied the charges and for what purpose.
(in the case of a credit transfer) the transaction amount by
the sender.
3.33 charges to: The identification of the party by whom
financial services charges are to be paid. 3.47 draw down: An instruction to reduce the balance of
the sender’s account serviced by the receiver by a
payment to the sender’s account at another financial
3.34 communication service: A service that moves
institution.
messages among subscribers, including funds transfer
transactions that are subject to settlement by other means.
3.48 entry date: The date on which entries are made in
the records of an account.
3.35 correspondent banks: Banks that have exchanged
authorized signature lists and/or codes, and/or engage in
an exchange of services, and/or have an account or
3.49 exchange The date on which the exchange
accounts with each other.
rate was set.
3.36 cover payment: The reimbursement of The value used to convert the
a 3.50 exchange rate:
correspondent bank for a payment.
original transaction currency and amount to the transaction
amount.
3.37 credit advice: An advice by the account servicing
bank of a credit to the account of the receiver (account
3.51 federal funds: US dollars on deposit at a Federal
owner). This advice shall not be used to transmit payment
Reserve Bank in the-USA.
instructions.
A way to ensure proper cross
3.52 file reference:
3.38 credit party: The party to be credited or paid by the
referencing of all related file sequences, as well as to
receiving financial institution.
provide a unique file reference for queries, cancellations
and returned items. This reference would also normally be
quoted in any related reimbursement payments.
3.39 currency code:
The IS0 code identifying the
currency. The third character of the currency code will
also identify the funds type, where relevant.
63 IS0
IS0 7982-l : 1998(E)
institution by name and address in sufficient detail to
3.53 financial institution settlement date/amount: The
value date, the currency code and the total amount of provide positive identification.
reirnbursement.
3.67 instructing party: The party instructing the sender
3.54 funds transfer (commonly abbreviated to transfer): to execute the transaction.
Cornplete movement of funds between the originator and
the beneficiary. A funds transfer may consist of one or
more funds transfer transactions. 3.68 instruction: A communication or that part of a
communication that contains the authorization and
required details for a transfer. ,
3.55 funds transfer message: A message which
provides instructions for, reports on, or otherwise supports
3.69 instruction date: The date on which the sender
the movement of funds arnong banks and their customers.
initiate d the instruction.
3.56 funds transfer transaction (commonly abbreviated
Financial
to transaction): The movement of funds directly between 3.70 intermediary financial institution:
two parties involving no intermediaries other than a institution(s) between the receiver and the beneficiary’s
payment or communications sewice. financial institution through which the transfer must pass if
specified by the sending financial institution. In such
cases, this is the receiver’s credit party.
3.57 funds type: The characteristics of funds within a
given currency, pertaining to availability and mobility/usage intermediary financial institution account
3.71
or exchange regulation.
identification: The identification of the intermediary
financial institution’s account to be used for the further
execution of the transfer.
3.58 funds type code: The component of the currency
code that identifies the funds type.
3.72 intermediary financial institution advice
information: The information (e.g. telephone number,
3.59 good value: The expression used to request the cable address, contact’s name, and so on) to facilitate
application of a defined retroactive value date to a
advice to the intermediary financial institution.
transaction.
3.73 intermediary financial institution advice method:
identifier code:
3.60 A code that unambiguously A code that specifies the method (e.g. telephone, letter,
identifies a party. wire, and so on) to be used to notify the intermediary
financial institution that its account has been credited or
that funds are at its disposal.
3.61 identifier code type: A code that specifies the type
of identifier code used to identify a party.
3.74 intermediary financial institution identifier: A
code that unambiguously identifies the intermediary
3.62 immediate funds:
Same day funds in which the financial institution and which may include specification of
settlement is simultaneous with execution of the
the type of identifier code that is being supplied.
transaction.
3.75 intermediary financial institution information:
3.63 input sequence number (ISN): A consecutive
Miscellaneous information pertaining to the transfer and
sequence number that allows for input message control intended for the intermediary financial institution only.
between the sending bank and the service.
3.64 instructing financial institution: The financial
intermediary financial institution method of
3.76
institution that instructs the sender to execute the
payment: A code that specifies how payment is to be
transaction.
made to the intermediary financial institution.
3.65 instructing financial institution identifier: A code
3.77 intermediary financial institution name and
that unambiguously identifies the instructing financial
address: The identification of the intermediary financial
institution and which may include specification of the type
institution by name and address in sufficient detail to
of identifier code that is being supplied.
provide positive identification.
3.78 intermediary reimbursement financial institution
instructing financial institution name and
3.66
identifier: A code that unambiguously identifies the
address: The identification of the instructing financial
intermediary reimbursement financial institution and which

@ IS0
IS0 7982-l :1998(E)
may include specification of the type of identifier code that 3.92 notice to receive: A notice to an account servicing
bank that it will receive funds to be credited to the account
is being supplied.
of the sender of the notice.
3.79 intermediary reimbursement financial institution
The number of transactions
name and address: The identification of the intermediary 3.93 number of items:
message.
reimbursement financial institution by name and address in conta .ined in funds transfer
sufficient detail to provide positive identification.
The customer initiating the
3.80 loro account: An account sewiced by a bank on 3.94 ordering customer:
behal f of an account owner bank. transaction.
3.81 message: A communicatio n from one party to 3.95 ordering institution: The financial institution, when
anothe r party contai ning meaningful i nformation. other than the sender, which instructs the sender to
transmit the transaction.
3.82 message authentication code (MAC): A code in a
message between the sender and the receiver used to
validate the source and part or all of the text of the 3.96 original transfer amount: The funds, exclusive of
message. The code is the result of an agreed calculation. any charges, which are requested by the originator to be
transferred to the beneficiary.
3.83 message identifier (MID): Data used by a sender 3.97 originator: The initiator of an instruction.
to uniquely identify a financial message.
3.98 originator identifier: A code that unambiguously
3.84 message status indicator(s) from sender: and which may include
identifies the originator
Information supplied by the sender defining special
specification of the type of identifier code that is being
circumstances pertaining to the transmission of the
supplied.
message (e.g. suspected/possible duplicate).
3.99 originator name and address: The identification of
message status indica tar(s) from service:
3.85 the originator by name and address in sufficient detail to
Information supplied by the sending service defining provide positive identification.
special circumstances pertaining to the transmission of the
message (e.g. suspected/ possible duplicate).
3.100 originator to beneficiary information: The
information to be conveyed from the originator to the
3.86 message type code: A code that designates the beneficiary.
function of and/or the action re quested by tl le message
tituti on: The financial
3.101 originator’s financial ins
3.87 method of advice: A specified way for informing a
instituti on acting for the originator.
Party l
3.102 originator’s financial institution identifier: A
3.88 multiple message: One message containing either
code that unambiguously identifies the originator’s
more than one transaction or rnore than one item of
financial institution and which may include specification of
related information. the type of identifier code that is being supplied.
3.89 next day funds: Funds immediately available for 3.103 originator’s financial institution name and
transfer in like funds and, subject to settlement, available The identification of the originator’s financial
address:
the next business day for same day funds transfer or
institution by name and address in sufficient detail to
withdrawal in cash. This funds type is applicable only to
provide positive identification.
certain specific US dollar transactions.
3.104 output sequence number (OSN): A consecutive
3.90 nostro account: A record kept by an account owner
sequence number that allows for output message control
bank of an account serviced on its behalf by an account
between the service and the receiving bank.
servicing bank.
3.91 notice: The inforrnation sent to the receiver
3.105 pay date: The date on which the funds are to be
regarding a future event.
available to the beneficiary for withdrawal in cash.
0 IS0
IS0 7982-l :1998(E)
Miscellaneous informati on
3 .I 21 receiver’s information:
3.106 pay date/time: The date and, optionally, the time
ntended for the receiver.
ertaining to the message and i
the funds are to be available to the beneficiary for
P
withdrawal in cash.
transfe r of funds in any form between 3.122 receiving customer: The party to whom the
3.107 payment: A
transaction amount should be paid in the case of credit
two parties.
transfers, or from whom the transaction amount should be
claimed in the case of debit transfers.
is
3.108 payment Date on which a payment
execute d.
A transaction identifier which is
3.123 reference:
normally included as part of the information supplied with
3.109 payment order: An instruction that specifies a the transaction itself, and can subsequently be used to
identified from other
funds transfer. distinguish the transection
transactions (e.g. in nostro account reconciliation).
3.110 payment service: A service that moves messages
The reference
among subscribers and also effects settlement for those 3.124 reference for the beneficiary:
messages that constitute funds transfer transactions. which enables the bene ficial y to identify the transfer.
3.111 processing priority: The level of urgency
and/or regulatory
requested by the sender for the processing of the 3.125 regulatory reporting: Statutory
message by the receiver. information required by authorities.
3.126 reimbursement account identification: The
3.112 processing priority code: A code that specifies identification of the account relationship between the
the requested processing priority. sender and the receiver which is to be used as the source
of the funds for reimbursement.
3.113 receiver: The party to which the message is
addressed.
3.114 receiver date and time; The date and tim
e the
messa ge was delivered to the receiver by a sewice.
3.128 reimbu rsement party: The that is the source
party
3.115 receiver identifier code:
A code that of fund s to the receiver.
unambiguously identifies the party that is to receive the
message. Constitutes the routing code or system-related
3.129 release date and time: The date and time the
address by which the receiver is known to the service
sender authorizes a service to forward the message to the
handling the message.
receiver.
3.116 receiver name and address; The identification of
the receiver by name and address in sufficient detail to
3.130 remittance information: The details of the
provide positive identification.
transaction(s) for the receiving customer.
3.117 receiver’s charges: The total amount of charges
3.131 remitter: The party which is the source of funds in
deducted from (in the case of debit transfers) or added to
a payment order.
(in the case of credit transfers) the transaction amount.
3.132 replenishment deposit: A payment that increases
3.118 receiver’s correspondent: The branch of the
the balance of the originator’s account serviced by the
receiver or another financial institution, at which the funds
receiver (e.g. the result of a bank transfer for its own
will be made available to the receiver.
account).
3.119 receiver’s correspondent identifier: A code that
3.133 requested execution date: The date on which the
unambiguously identifies the receiver’s correspondent and
Sender requests the Receiver to act on the transaction.
which may include specification of the type of identifier
3.134 same day funds: The funds available for transfer
code that is being supplied.
today, or for withdrawal in cash, subject to the settlement
3.120 receiver’s correspondent name and address:
of the transaction through the payment mechanism used.
The identification of the receiver’s correspondent by name
and address in sufficient detail to provide positive
identification.
0 IS0 IS0 7982-l :1998(E)
“test key”, and to various elements (e.g. sender, amount,
date, sequence) in a message in order to authenticate the
3.136 sender identifier code; A code that message.
unambiguously identifies the party that inputs a message
to a service.
3.150 test key: A fixed numeric or alphanumeric factor
and a method of computation designed to be known only
to the correspondent parties. When the fixed factor is
3.137 sender name and address: The identification of
used according to the agreed method of computation, the
the sender by name and address in sufficient detail to
result will be the test.
provide positive identification.
3.151 third-party transfer: A transfer in favor of a
3.138 sender to receiver information: Additional Party
than the sender or receiver.
information to the receiver. other
3.139 sender transaction reference; The reference 3.152 transaction amount: The funds transferred
two parties in a transaction.
assigned by the sender which unambiguously identifies the between
transaction.
reference: A unique reference for the
3.153 transaction
3.140 sender’s charges: The total amount of charges transaction.
added to (in the case of debit transfers) or deducted from
(in the case of credit transfer) the transaction amount.
3.154 transaction type code: A code which identifies
the transaction.
the nature, purpose and/or reason of
3.141 sender’s correspondent: A branch of the sender
or another financial institution, through which the sender
will reimburse the receiver direci or through the receiver’s .3.155 transmission: A data sequence (e.g. answerbacks
correspondent or the intermediary reimbursement financial and messages) transmitted between two parties, and
institution. operating from the time of the establishment of a
connection, to its termination.
The level of urgency
3.142 sender’s correspondent identifier: A code that 3.156 transmission priority:
unambiguously identifies the sender’s correspondent and requested by the sender for the transmission of the
which may include specification of the type of identifier message through the service.
code being supplied.
3.157 transmission priority code: The code which
specifies the transmission priority.
3.143 sender’s correspondent name and address: The
identification of the sender’s correspondent by name and
address in sufficient detail to provide positive identification. 3.158 type of account: The type of account to be used
when paying to, or claiming payment from, the receiving
customer (e.g., checking or deposit) in those cases where
3.144 ing financial insti
send tution: The identification of the type of account cannot be clearly determined from the
the fin ancial ins titution sending the message. account identification.
when the validation
3.145 settlement: A transfer of funds to complete one or 3.159 validation date: The date
more prior transactions made, subject to final accounting. result was computed.
3.160 va/idation key identification: The identification by
3.146 sum of amounts: The sum of the transaction the sender of the key which has been used to validate the
.
amounts in a message which has
multiple transactions. message.
3.161 validation result: A code in a message between
3.147 supplementary details: Information for the
the sender and receiver used to validate the source and all
account owner which may be added to individual
or part of the text of a message, based on a bilaterally
statement entries.
agreed upon method of calculation. Depending upon the
method of validation used, the ‘code” is referred to as the
Test, the Authenticator, or the Message Authentication
3.148 system reference number (SRN): A number that When utilizing the “test key,, method of
Code (MAC).
identifies the message within a service.
validation, only various elements in the message (e.g.
sender, amount, date, and sequence) are validated.
3.149 test: A numeric or alphanumeric value derived by
applying a bilaterally agreed method of computation, the

IS0 7982-l :1998(E)
which the funds are at the
3.162 value date: The date on
SONNTAG AG
disposal of the receiver.
BAHNHOFSTRASSE 111
D-6000 FRANKFURT MAIN
4 Universal set of funds transfer data segments and
data elements
This clause sets forth data segments and data elements
GATEWAY MANUFACTURERS INC.
which may be used in funds transfer and related
123 WEST MAIN STREET
messages.
COLUMBUS, OHIO 98428-0001
Data element representation uses the following
conventions.
4.1 Character representations
Characters used in data elements can be any of the
standards except
characters defined in IS0
communication control or field separator codes.
n: digits
a: letters
an: letters and digits
b: blanks
x: character of the permitted
any
character set
d: represents a numeric value
The integer part shall contain at least one digit.
fractional part may be omitted
The but the
mal comma shall remain.
deci
Neither blank spaces nor any other symbols
are permitted
The length includes the decimal comma.
4.2 Length indications
nr~: fixed length
nn: maximum length
nn*nn: maximum number of lines
maximum line length
nn-nn: minirnum and maximum length
4.3 Address representation - Recommendation
To allow receiving banks to automate the processing of
incoming funds transfer payment orders, the following
recommendation applies to those data elements which
contain a “name and address” field:
The last line used in the field should specify the postal
code (if available), city and/or locality. For example:
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4.4 Data segment and data element descriptions and representations
Data ME/ Data Element
Segment Ml * Data Element Name Data Element Definition Representation
35x
RECEIVER. ME RECEIVER A code that unambiguously identifies the party
IDENTIFIER that is to receive the message. Constitutes the
(Inclusion of the
CODE routing code or system-related address by which
Receiver is
the receiver is known to the service handling the
Mandatory-Explicit) message.
ME RECEIVER DATE The date and time the message was delivered to jZJ1
AND TIME the receiver by a service.
RECEIVER NAME The identification of the receiver (the party that is 4*35x
AND ADDRESS to receive the message) by name and address in
sufficient detail to provide positive identification.
Miscellaneous information pertaining to the
RECEIVER’S message and intended for the receiver. 6*35x
INFORMATION
The type of account to be used when paying to,
TYPE OF ACCOUNT or claiming payment from, the receiving 35x
customer (e.g., checking or deposit) in those
cases where the type of account cannot be
clearly determined from the account
identification.
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Data Element
Data ME/
Representation
3ata Element Name Data Element Definition
Seament Ml *
3an
A code that designates the function of and/or the -
lrlESSAGE TYPE ME VlESSAGE TYPE
action requested by the message.
ZODE
(Inclusion of the
16x
Data used by a sender to uniquely identify a
Message Type is MESSAGE
financial message.
Mandatory-Explicit) IDENTIFIER (MID)
3an
-
BUSINESS A code specified by the originator or the
FUNCTION originator’s financial institution to identify the
originator’s underlying business intent or
CODE
purpose for the transfer to facilitate routing
and/or reconciliation by the beneficiary or the
beneficiary’s financial institution.
16x
A code which uniquely identifies the melhod to
BANK OPERATION
be used by the Receiver (e.g., direct debit,
CODE (GaPal)
cheque payments and electronic payments) to
transfer all funds transactions.
35x
MESSAGE STATUS Information supplied by the sender defining
special circumstances pertaining to the
INDICATOR(S)
FROM SENDER transmission of the message (e.g.,
suspected/possible duplicate).
35x
MESSAGE STATUS Information supplied by the sending service
INDICATOR(S) defining special circumstances pertaining to the
FROM SERVICE transmission of the message (e.g.,
suspected/possible duplicate).
3an
TRANSMISSION A code which specifies the transmission priority.
PRIORITY CODE
4x
PROCESSING A code that specifies the requested processing
PRIORITY CODE priority.
16x
FILE REFERENCE A way to ensure proper cross referencing of all
related file sequences, as well as to provide a
unique file reference for queries, cancellations
and returned items. This reference would also
normally be quoted in any related reimbursement
payments.
TRANSACTION 16x (3a
A code which identifies the nature, purpose -
TYPE CODE
and/or reason of the transaction.
16x
TRANSACTION A unique reference for the transaction.
REFERENCE
3*35x
REGULATORY Statutory and/or regulatory information required
REPORTING by authorities.
5n
NUMBER OF ITEMS The number of transactions contained in funds
transfer message.
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IS0 7982-l : 1998(E)
Data ME/ Data Element
Seament Ml * Data Element Name Data Element Definition Representation
SENDER ME 35x
-___ SENDER A code that unambiguously identifies the party
IDENTIFIER that inputs a message to a service.
(Inclusion of the
CODE
Sender is
Mandatory-Explicit)
ME SENDER The reference assigned by the sender which 16x
TRANSACTION unambiguously identifies the transaction.
REFERENCE
ME SENDER The date and time when the sender’s message
DATE AND TIME was accepted by a service from the perspective
of the sender.
4*35x
SENDER The identification of the sender by name and
NAME AND
address in sufficient detail to provide positive
ADDRESS identification.
AMOUNT Ml CURRENCY CODE The IS0 code identifying the currency. The third 3a or 3n
-~- -
-
character of the currency code will also identify
(inclusion of the
the funds type, where relevant.
Amount is
Mandatory-Explicit)
ME TRANSACTION The funds transferred between two parties in a 22d
AMOUNT transaction.
SUM OF The sum of the transaction amounts in a 35d
AMOUNTS message which has multiple transactions.
ORIGINAL The funds, exclusive of any charges, which are 22d
TRANSFER requested by the originator to be transferred to
AMOUNT the beneficiary.
EXCHANGE RATE The value used to convert the original transaction 12d
currency and amount to the transaction amount.
VALUE DATE Ml VALUE DATE
--__I- The date on which the funds are to be at the - 6n
-
disposal of the receiver.
(Inclusion of the
Value Date is
PAY DATE/TIME The date and, optionally, the time the funds are
6n[4n]
Mandatory- Implicit)
to be available to the beneficiary for withdrawal in
cash.
REQUESTED The date on which the Sender requests the 6n
-
EXECUTION DATE Receiver to act on the transaction.
EXCHANGE DATE 6n
The date on which the exchanae rate was set.
-
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Data Element
Data ME/
Data Element Definition Representation
Segment Ml * Data Element Name
3an
CHARGES Ml CHARGES TO The identification of the party by whom financial -
services charges are to be paid.
(Inclusion
of the
3alOd
CHARGES The charges levied for the provision of financial
Charges is
[4*35x1
Mandatory- Implicit) APPLIED services and, optionally, further details regarding
who applied the charges and for what purpose.
6*35x
Details of charges added to (in the case of a debit
DETAILS OF
SENDER’S transfer) or deducted from (in the case of a credit
CHARGES transfer) the transaction amount by the sender.
Details of charges deducted from (in the case of a
6*35x
DETAILS OF debit transfer) or added to (in the case of a credit
RECEIVER’S transfer) the transaction amount by the sender.
CHARGES
The total amount of charges added to (in the case
of debit transfers) or deducted from (in the case of
SENDER’S credit transfer) the transaction amount.
CHARGES
The total amount of charges deducted from (in the
case of debit transfers) or added to (in the case of
15d
RECEIVER’S credit transfers) the transaction amount.
CHARGES
ORIGINATOR ORIGINATOR A code that unambiguously identifies the 35x
--
IDENTIFIER originator and which may include specification of
(Inclusion of the the type of identifier code that is being supplied.
Originator is
Mandatory- Implicit) ORIGINATOR The identification of the originator by name and 4*35x
NAME AND address in sufficient detail to provide positive
ADDRESS identification.
ORIGINATOR’S 35x
ORIGINATOR’S A code that unambiguously identifies the
FINANCIAL FINANCIAL
originator’s financial institution and which may
INSTITUTION INSTITUTION
-~ include specification of the type of identifier code
IDENTIFIER
that is being supplied.
(Inclusion of the
OFI is Mandatory- 4*35x
ORIGINATOR’S The identification of the originator’s financial
Implicit)
FINANCIAL institution by name and address in sufficient detail
INSTITUTION
to provide positive identification.
NAME AND
ADDRESS
INSTRUCTING
INSTRUCTING A code that unambiguously identifies the 35x -
FINANCIAL
FINANCIAL instructing financial institution and which may
INSTITUTION
INSTITUTION include specification of the type of identifier code
IDENTIFIER that is being supplied.
INSTRUCTING 4*35x
The identification of the instructing financial
FINANCIAL
institution by name and address in sufficient detail
INSTITUTION to provide positive identification.
NAME AND
ADDRESS
IS0 7982-l : 1998(E)
INSTITUTION
that is being supplied.
INTERMEDIARY The identification of the intermediary financial
institution’s account to be used for the further
INSTITUTION execution of the transfer.
IDENTIFICATION
INTERMEDIARY The identification of the intermediary financial
institution by name and address in sufficient detail
INSTITUTION to provide positive identification.
NAME & ADDRESS
INTERMEDIARY A code that specifies the method (e.g., telephone,
letter, wire, and so on) to be used to notify the
INSTITUTION intermediary financial institution that its account
ADVICE METHOD has been credited or that funds are at its disposal.
The information (e.g., telephone number, cable
INTERMEDIARY address, contact’s name, and so on) to facilitate
advice to the intermediary financial institution.
INSTITUTION
INFORMATION
A code that specifies how payment is to be made
INTERMEDIARY to the intermediary financial institution.
INSTITUTION
Miscellaneous information pertaining to the
INTERMEDIARY transfer and intended for the intermediary financial
INSTITUTION
INFORMATION
@ IS0
IS0 7982~1:1998( E)
Data Element
Data MEI
Data Element Definition Representation
Segment Ml * Data Element Name
A code that unambiguously identifies the 35x
BENEFICIARY’S BENEFICIARY’S
beneficiary’s financial institution and which may
FINANCIAL FINANCIAL
include specification of the type of identifier code
INSTITUTION INSTITUTION
that is being supplied.
IDENTIFIER
(Inclusion of the
The identification of the beneficiary’s financial 35x
BFI is Mandatory- BENEFICIARY’S
institution’s account to be used by the receiver or
Implicit) FINANCIAL
by the intermediary financial institution for the
INSTITUTION
further execution of the transfer.
ACCOUNT
IDENTIFICATION
4*35x
BENEFICIARY’S The identification of the beneficiary’s financia
...