| |
Date:
2003-06-10
Source:
TBG5 Finance
0. INTRODUCTION
This specification provides the definition of the Extended credit advice message (CREEXT) to be used in Electronic Data Interchange (EDI) between trading partners involved in administration, commerce and transport.
1. SCOPE
1.1 Functional definition
An Extended Credit Advice is sent by the Account Servicing Financial Institution to the Account Owner to inform the Account Owner that its account has been or will be credited for a specified amount on the date indicated, in settlement of the referenced business transaction(s), and to provide to the Payee full details of the transactions to which the Extended Credit Advice relates.
1.2 Field of application
The Extended credit advice message may be used for both national and international applications. It is based on universal practice related to administration, commerce and transport, and is not dependent on the type of business or industry.
1.3 Principles
An Extended Credit Advice may cover the financial settlement of one or more commercial trade transactions, such as invoices, credit notes, debit notes, etc. It is not intended for use in securities trading.
2. REFERENCES
See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 1.
3. TERMS AND DEFINITIONS
3.1 Standard terms and definitions
See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 2.
4. MESSAGE DEFINITION
4.1 Data segment clarification
This section should be read in conjunction with the segment table which indicates mandatory, conditional and repeating requirements. |
