PartyRegistrationAndGuaranteeStatusV01 (PtyRegnAndGrntSts)

Scope

The message PartyRegistrationAndGuaranteeStatus is either sent by a factoring service to a financing client to indicate the status of a factoring service agreement or from a guarantee issuer to a factoring client or a factoring service to indicate the guarantee covering a requested factoring service agreement. The message can also be sent to an interested party. The factoring service or guarantee issuer may include references to a corresponding PartyRegistrationAndGuaranteeRequest message or other related messages and may include referenced data. The message contains information about other parties to be notified about the financial service agreement or the guarantee and whether these parties are required to acknowledge the agreement. The message contains information returned by the financial institution indicating acceptance or rejection of the trade partner; a positive response is necessary before being able to assign financial items concerning the trade party. This message contains identifications of cash accounts to enable payer and payee to treat the transferred payment obligations. The message can carry digital signatures if required by context.

Outline

The PartyRegistrationAndGuaranteeStatusV01 MessageDefinition is composed of 6 MessageBuildingBlocks:

Header — Set of characteristics that unambiguously identify the status, common parameters, documents and identifications.
Agreement List — List of agreements.
Agreement Count — Number of agreement lists as control value.
Item Count — Total number of individual items in all lists.
Control Sum — Total of all individual amounts included in all lists, irrespective of currencies or direction.
Attached Message — Referenced or related business message.