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Get the free Related Messages Payments messages: See PAYMENTS inventory sheet

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Date of printing: 02/24/202111:05:53ISO 20022 External Code Sets Intro&History Page: 1 of 121Subject Inventory of External Code Sets Required by (but external to) the ISO 20022 Message Schemas Publication
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How to fill out related messages payments messages

01
To fill out related messages payments messages, follow the steps below:
02
Begin by identifying the correct payment reference or invoice number for the related payment.
03
Open the messaging platform or communication channel through which you wish to send the payment message.
04
Compose a new message and include the recipient's contact details, such as their name, company, and preferred method of receiving the payment message.
05
Clearly state the purpose of the payment message, emphasizing that it is related to a specific payment or invoice.
06
Provide the payment reference or invoice number in the message to ensure accurate identification and reconciliation of the payment.
07
If necessary, include any additional information related to the payment, such as payment amounts, due dates, or payment deadlines.
08
Double-check the message for any errors or omissions before sending it.
09
Once you are satisfied with the content of the payment message, send it to the recipient through the chosen communication channel.
10
Keep a record or copy of the sent payment message for future reference or documentation purposes.
11
If applicable, follow up with the recipient to confirm receipt of the payment message and provide any necessary follow-up actions or instructions.

Who needs related messages payments messages?

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Related messages payments messages are needed by various individuals and entities involved in financial transactions, such as:
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- Businesses or companies sending payment reminders to customers or clients
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- Accounts receivable or finance departments managing invoice payments
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- Suppliers or service providers requesting payment for goods or services
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- Banks or financial institutions communicating payment details to customers
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- Individuals settling personal debts or making payments to friends or family members
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- Customers or clients inquiring about payment options or seeking clarification on payment-related matters

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