ISO 20022: Citi Mini Series & Reference Guide Part 2

31 | Treasury and Trade Solutions CreditTransferTransactionInformation pacs.009 (core) Element Details pacs.009 (core) Message Item <XML Tag> Mandatory or Optional? Description and Format InstructionForCreditorAgent <InstrForCdtrAgt> O Further information related to the processing of the payment instruction, provided by the initiating party, and intended for the creditor agent. InstructionForNextAgent <InstrForNxtAgt> O Further information related to the processing of the payment instruction that may need to be acted upon by the next agent. The next agent may not be the creditor agent. Purpose <Purp> O Underlying reason for the payment transaction to be used by the end- customers, that is initiating party, debtor, creditor, to provide information concerning the nature of the payment. Purpose is a content element, which is not used for processing by any of the agents involved in the payment chain. RemittanceInformation <RmtInf> O Information supplied to enable the matching of an entry with the items that the transfer is intended to settle, such as commercial invoices in an accounts’ receivable system. UnderlyingCustomerCreditTransfer <UndrlygCstmr CddtTrf> O Provides information on the underlying customer credit transfer for which cover is provided. For information on this element, please refer back to pacs.008 Element Details slides.