ISO 20022: Citi Mini Series & Reference Guide Part 2

ISO 20022: Citi Mini Series & Reference Guide  | 6 Additional Information Associated MT Field (if applicable) For pacs messages, the message identification has no exact equivalent in legacy MT payment message. However, the Sender’s Reference ( Field 20 ) could be considered a similar comparison where a pacs message contains a single transaction. CBPR+ usage guidelines mandate the time zone that the time represents as an offset against Universal Time Coordinated (UTC). The number of transactions in CBPR+ usage guidelines is fixed to 1, as RTGS or high value transactions will not be bulked. However, beyond a date (TBD), the element can contain a value equal to the number of transactions in the Credit Transfer Transaction Information section of the message, to be compatible with legacy messages. Mandatory Element — SettlementMethod: Instructing Agent includes a code to indicate how the payment will be settled