AccountSwitchRequestRedirectionV04acmt.030.001.04

  • AccountSwitchRequestRedirectionV04

Scope

The AccountSwitchRequestRedirection message is sent by the new account servicer to a central account switch servicer to set up the redirection of payment and collection transactions that are processed after completion of the account switch. It is routed to the previous account servicer to signal that it should schedule the cancellation of all payment arrangements on the old account. This message may also be used by the new bank to amend the new account details, if the details previously provided were incorrect.

Outline

The AccountSwitchRequestRedirectionV04 MessageDefinition is composed of 5 MessageBuildingBlocks:

  • Message Identification — Unique identification for the message.
  • Account Switch Details — Contains information about the details of the account switch.
  • New Account — Account servicer holding the account to which the switch will be made for example the acquiring account servicer.
  • Old Account — Account held at the old account servicer being switched to the new account servicer.
  • Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block.

AccountSwitchRequestRedirectionV04

AcctSwtchReqRdrctn
Mandatory

Type: AccountSwitchRequestRedirectionV04

Message Identification
MsgId
Mandatory
Account Switch Details
AcctSwtchDtls
Mandatory
New Account
NewAcct
Mandatory
Old Account
OdAcct
Mandatory
Supplementary Data
SplmtryData
Repetition (0..n)
New Account ServicerCentral Account Switch ServicerAccountSwitchRequestRedirectionV04
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