ISO 20022 · Local instrument
INSTNT01IDEALPayments Via Internet Owned By Currence Using Instant Credit Transfer Not Time Critical
Published definition
Transaction is related to payments via internet owned by Currence which uses a regular Credit Transfer and will be instantly processed under the Dutch AOS on top of the EPC SCT scheme.
Additional source information
EMEA,NL,EUR,All,CT,Both
Code set and usage
Local instrument contains 90 registered codes. Its exact identifier is ExternalLocalInstrument1Code.
Specifies the external local instrument code in the format of character string with a maximum length of 35 characters. The list of valid codes is an external code list published separately. External code sets can be downloaded from www.iso20022.org.
Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.