This specification provides the definition of the Multiple payment order message (PAYMUL) to be used in Electronic Data Interchange (EDI) between trading partners involved in administration, commerce and transport.
1.1 Functional definition
A Multiple Payment order is sent by the Ordering Customer (or Payor or Agent on behalf of the Ordering Customer) to the Ordered Bank, to instruct the Ordered Bank to debit an account it services for the Ordering Customer, and to arrange for the payment of specified amounts to several Beneficiaries (or Payees) in settlement of the referenced business transaction(s).
Throughout this document, the term 'Ordering Customer' refers to either an Ordering Customer, or a Payor or Agent acting (sending) on behalf of the Ordering Customer; likewise the term 'Beneficiary' refers to either a Beneficiary, or a Payee or Agent acting on behalf of the Beneficiary.
1.2 Field of application
The Multiple payment order 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.
This message may be applied for both national and international settlements.
- A Multiple Payment Order 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.
- Charges may be borne on account(s) different of the account(s) held by the Ordering Customer.
- Several debit accounts, execution dates and currencies may be specified.
- The Ordered Bank may need a confirmation/authorization (e.g.
AUTHOR message) to be allowed to process the Multiple Payment Order message.
- The only way to modify a Multiple Payment Order message is to cancel the whole message or part thereof (e.g. by the use of the FINCAN message). In that respect, one to many order(s) could be cancelled within the message, avoiding to be obliged to cancel the whole message.
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.
The following semantic principles applying to the message are intended to facilitate the understanding of the message:
The Multiple Payment Order message is structured in three levels:
A,B, and C. In the Branching Diagram, level A corresponds to page 1, level B corresponds to page 2, and level C corresponds to pages
3 and 4.
-A level contains data related to the whole message and is contained in Segment Group 1 and Segment Group 2 and the Heading section.
-B level contains data from the debit side (one debit account, one currency, one execution date) and data which applies to all further details of C level(s) and is contained in Segment Group 3 through Segment Group 9.
-C level contains mainly data related to the credit side, and this data is considered as unique for each payment transaction and is contained in Segment Group 10 through Segment Group 21.
- The structure of the message is designed to allow several B levels, each B level being followed by its related C levels.
Where a choice of code or text is given only the code element should be used wherever possible.