ISO 20022: Citi Mini Series & Reference Guide Part 2

13 | Treasury and Trade Solutions pacs.008 Message Item <XML Tag> Mandatory or Optional? Description and Format Ultimate Debtor <UltmtDbtr> O Ultimate party that owes an amount of money to the (ultimate) creditor. InitiatingParty <InitgPty> O This can be either the Debtor or a party that initiates the credit transfer on behalf of the debtor. Debtor <Dbtr> M Party that owes an amount of money to the (ultimate) creditor. Sub-elements describe the Debtor in greater detail: Name, Postal Address, Identification, Country of Residence DebtorAccount <DbtrAcct> O Unambiguous identification of the account of the debtor to which a debit entry will be made as a result of the transaction. Mandatory: Identification DebtorAgent <DbtrAgt> M Financial institution servicing an account for the Debtor. Mandatory: FinancialInstitutionIdentification DebtorAgentAccount <DbtrAgtAcct> O Unambiguous identification of the account of the debtor agent at its servicing agent in the payment chain. Mandatory: Identification CreditTransferTransactionInformation pacs.008 Element Details