PaymentReturnV15pacs.004.001.15

  • PaymentReturnV15

Scope

The PaymentReturn message is sent by an agent to the previous agent in the payment chain to undo a payment previously settled.

Usage

The PaymentReturn message is exchanged between agents to return funds after settlement of credit transfer instructions (that is FIToFICustomerCreditTransfer message and FinancialInstitutionCreditTransfer message) or direct debit instructions (FIToFICustomerDirectDebit message). The PaymentReturn message should not be used between agents and non-financial institution customers. Non-financial institution customers will be informed about a debit or a credit on their account(s) through a BankToCustomerDebitCreditNotification message ('notification') and/or BankToCustomerAccountReport/BankToCustomerStatement message ('statement'). The PaymentReturn message can be used to return single instructions or multiple instructions from one or different files. The PaymentReturn message can be used in domestic and cross-border scenarios. The PaymentReturn message refers to the original instruction(s) by means of references only or by means of references and a set of elements from the original instruction.

Outline

The PaymentReturnV15 MessageDefinition is composed of 4 MessageBuildingBlocks:

  • Group Header — Set of characteristics shared by all individual transactions included in the message.
  • Original Group Information — Information concerning the original group of transactions, to which the message refers.
  • Transaction Information — Information concerning the original transactions, to which the return message refers.
  • Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block.

PaymentReturnV15

PmtRtr
Mandatory

Type: PaymentReturnV15

Group Header
GrpHdr
Mandatory
Original Group Information
OrgnlGrpInf
Optional
Transaction Information
TxInf
Repetition (0..n)
Supplementary Data
SplmtryData
Repetition (0..n)
AgentPrevious Agent In The Payment ChainPaymentReturnV15
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