IntentToPayNotificationV02 (InttToPayNtfctn)

Scope

The IntentToPayNotification message is sent by a party to the matching application in order to provide details about a future payment. This message contains details about an intention to pay a certain amount, on a certain date, in relation to one or several transactions known to the matching application.

Usage

The IntentToPayNotification message can be sent by a party to the transaction at any time as long as the transaction is established and not yet closed. The message is unsolicited, that is, it is not sent in response to another message.

Outline

The IntentToPayNotificationV02 MessageDefinition is composed of 6 MessageBuildingBlocks:

Notification Identification — Identifies the notification message.
Transaction Identification — Unique identification assigned by the matching application to the transaction. This identification is to be used in any communication between the parties.
Submitter Transaction Reference — Reference to the transaction for the requesting financial institution.
Buyer Bank — The financial institution of the buyer, uniquely identified by its BIC.
Seller Bank — The financial institution of the seller, uniquely identified by its BIC.
Intent To Pay — Provides the details of the intention to pay.