ISO 20022: Citi Mini Series & Reference Guide Part 2

ISO 20022: Citi Mini Series & Reference Guide  | 20 pacs.009 cov B D C A pacs.008 pacs.009 cov Source: CBPR+ User Handbook Source: CBPR+ User Handbook The correspondent banking cover payment method utilizes both the pacs.008 and pacs.009 cov as a whole transaction, whereby the UETR element within these messages contain the same UETR which effectively interlink the messages. As an interlinked message, it is important to understand the way certain parties change their role in the pacs.009 cov. This is demonstrated in the example. Party pacs.008 Party pacs.009 Debtor Underlying Debtor A Debtor Agent A Debtor B Instructing Reimbursement Agent B Debtor Agent C Instructed Reimbursement Agent C Credit Agent D Creditor Agent D Creditor Creditor Underlying Creditor pacs.009 cov pacs.009 cov pacs.009 cov MT202 COV B D C A MT 103 MT202 COV MT202 COV MT940 MT202 COV