0.    INTRODUCTION

       This specification provides the definition of the Payment order
       message (PAYORD) to be used in Electronic Data Interchange
       (EDI) between trading partners involved in administration,
       commerce and transport.

1.    SCOPE

1.1   Functional Definition

       A 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 a
       specified amount to the Beneficiary (or Payee or Agent in
       favour of Beneficiary) 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 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

       This message may be applied for both national and international
       settlements. It is based on universal practice and is not
       dependent on the type of business or industry.

1.3   Principles

       A 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.
       
       The Ordered Bank may need a confirmation/authorization to be
       able to process the Payment Order Message, if the payment
       order(s) is (are) sent by a third party.

2.    REFERENCES

       See UNTDID, Part 4, Chapter 2.6 UN/ECE UNSM - General Introduction,
       Section 1.

3.    TERMS AND DEFINITIONS

       See UNTDID, Part 4, Chapter 2.6 UN/ECE UNSM - General Introduction,
       Section 2.

4.    MESSAGE DEFINITION

4.1   Data Segment Clarification

       This section should be read in conjunction with the Branching
       Diagram and the Segment Table which indicate mandatory,
       conditional and repeating requirements.

 | UNH, Message header
       A service segment starting and uniquely identifying a message.
       The message type code for the Payment order message is PAYORD.
       
       Note: Payment order messages conforming to this document must
       contain the following data in segment UNH, composite S009:

       Data element  0065 PAYORD
                     0052 D
                     0054 95B
                     0051 UN

   BGM, Beginning of message
       A segment for unique identification of the Payment Order, the
       type of Payment Order and its function. The requirement for a
       response, e.g., related debit advice, may be indicated.
       
       Note: The identification will be passed back to the Ordering
       Customer for reconciliation purposes; it would be used in the
       case of a cancellation or confirmation of a Payment Order.

   BUS, Business function
       A segment identifying certain characteristics of the Payment
       Order, such as its business function. In so doing, it provides
       information about the message that may be used, for instance,
       for routing within an institution, for tariffing, or for the
       provision of some statistical information.

   PAI, Payment instructions
       A segment specifying the conditions, guarantee, method and
       channel of payment for the Payment Order.

   FCA, Financial charges allocation
       A segment specifying the method for allocation of charges and
       allowances (e.g., charges borne by the Ordering Customer, the
       Beneficiary or both), and identifying the Ordering Customer's
       account to which such charges or allowances should be directed
       where it is different from the principal account.

   DTM, Date/time/period
       A segment identifying the date/time of creation of the message,
       the requested execution date and/or due date at the
       beneficiary's side as well as other dates and times relevant to
       the financial transaction.

   FTX, Free text
       This segment contains the details of payment, which have to be
       passed from the ordered bank to the beneficiary through the
       banking chain together with the remittance details.


   Segment group 1: RFF-DTM
       A group of segments identifying a previously-sent message.

      RFF, Reference
          A segment specifying the reference number of the
          previously-sent message.

      DTM, Date/time/period
          A segment identifying the creation date of the referenced
          message.


   Segment group 2: MOA-CUX-DTM-RFF
       A group of segments identifying the monetary amount and, if
       necessary, the currencies, exchange rate and date for the
       payment.

      MOA, Monetary amount
          A segment giving the amount of the payment.

      CUX, Currencies
          A segment identifying the source currency and the target
          currency of the transaction when they are different. The
          rate of exchange is solely used when previously agreed
          between the Ordering Customer and the Ordered Bank.

      DTM, Date/time/period
          A segment identifying the effective date and/or time the
          rate of exchange was fixed. The other occurrence identifies
          the reference date.

      RFF, Reference
          A segment identifying other transactions to which funds
          associated with the Payment Order are related, such as a
          separate foreign exchange deal.


   Segment group 3: FII-CTA-COM
       A group of segments providing information about the financial
       institutions and accounts related to the Payment Order,
       together with details of any parties to be contacted in
       relation with the transaction. This group may also contain a
       single customer for the debiting and/or crediting side.

      FII, Financial institution information
          A segment identifying the financial institution (e.g., bank)
          and relevant account number and currency for each party
          involved in the transaction. The Ordering Customer may
          indicate the previously agreed choice of financial
          institution for payment.

      CTA, Contact information
          A segment identifying a person or a department for the
          financial institution specified in the FII segment and to
          whom communication should be directed.

      COM, Communication contact
          A segment providing a communication number for the party
          identified in the FII segment and optionally for the contact
          identified in the associated CTA segment.


   Segment group 4: NAD-CTA-COM
       A group of segments identifying the name and address of the
       non-financial institutions involved in the transaction and
       their contacts.

      NAD, Name and address
          A segment identifying the name and address of the non-
          financial parties associated with the Payment Order and
          their functions.

      CTA, Contact information
          A segment identifying a person or a department for the party
          specified in the NAD segment and to whom communication
          should be directed.

      COM, Communication contact
          A segment providing a communication number for the party
          identified in the NAD segment and optionally for the contact
          identified in the associated CTA segment.


   Segment group 5: INP-FTX-DTM
       A group of segments containing instructions from the Ordering
       Customer relating to parties identified in the NAD and FII
       segments. It specifies action to be taken by the identified
       parties, and the date (and optionally time) by which such
       action needs to be taken.

      INP, Parties to instruction
          A segment identifying the party to enact the instruction and
          the parties to be contacted at or by the associated
          financial institution on matters concerning the execution of
          the payment. It specifies where appropriate the instruction
          in coded form.

      FTX, Free text
          A segment providing free text instruction relating to the
          associated INP segment.

      DTM, Date/time/period
          A segment specifying the earliest and the latest dates and
          times by which the instruction specified in the INP and/or
          FTX segments needs to be carried out.


   Segment group 6: GIS-MOA-LOC-NAD-RCS-FTX
       A group of segments providing information for subsequent use by
       regulatory authorities requiring statistical and other types of
       data. It also identifies the regulatory authority for which the
       information is intended followed by the information itself.

      GIS, General indicator
          A segment identifying what processing should be completed
          for regulatory authorities.

      MOA, Monetary amount
          A segment giving the amount and the currency of each
          transaction to be reported.

      LOC, Place/location identification
          A segment giving the different origins/destinations (places)
          of goods/investment/services.

      NAD, Name and address
          A segment identifying the recipient of the associated
          informative text.

      RCS, Requirements and conditions
          A segment giving the nature (e.g. goods, transport services)
          and direction of each transaction to be recorded in coded
          form.

      FTX, Free text
          A segment giving information, in coded or clear form, to
          provide information relevant to regulatory authorities
          requirements.


   Segment group 7: DOC-DTM
       A group of segments providing brief structured cross references
       to transactions to which the Payment Order relates.

      DOC, Document/message details
          A segment identifying the document(s) relating to the
          payment order.

      DTM, Date/time/period
          A segment identifying the date of issue of the document(s)
          described in the preceding DOC segment.


   Segment group 8: AUT-DTM
       A group of segments specifying the details of authentication.

      AUT, Authentication result
          A segment specifying the details of any authentication
          (validation) procedure applied to the Payment Order message.

      DTM, Date/time/period
          A segment identifying the date and where necessary, the time
          of validation.

   UNT, Message trailer
       A service segment ending a message, giving the total number of
       segments in the message and the control reference number of the
       message.

4.2   Data segment index (Alphabetical sequence by tag)

          AUT Authentication result
          BGM Beginning of message
          BUS Business function
          COM Communication contact
          CTA Contact information
          CUX Currencies
          DOC Document/message details
          DTM Date/time/period
          FCA Financial charges allocation
          FII Financial institution information
          FTX Free text
          GIS General indicator
          INP Parties to instruction
          LOC Place/location identification
          MOA Monetary amount
          NAD Name and address
          PAI Payment instructions
          RCS Requirements and conditions
          RFF Reference
          UNH Message header
          UNT Message trailer

 Contents of D.95B