HSBC Document

RM B Payment Purpose Code Requirements February 2014

RMB Payment Purpose Code Requirement

Disclaimer This document is issued by HSBC Bank plc (‘HSBC’). HSBC Bank Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Registration Number 114216). This document is for information purposes only and does not constitute or form any part of (i) any invitation or inducement to engage in investment activity, or (ii) any offer, solicitation or invitation by HSBC or any of the HSBC Group for the sale or purchase of any products, services and/or any investments. HSBC provides this document to the recipient on an ‘as is’ basis and except as provided herein, does not warrant that the contents of this document is accurate, sufficient or relevant for the recipient’s purposes. HSBC may have obtained information in this document from sources including from third party suppliers, it believes to be reliable but which have not been independently verified. In relation to information on products and/or services supplied by a third party supplier, the recipient should obtain further information on these products and/or services directly from the supplier. Please note that this document may contain hypertext links to websites operated by other members of the HSBC group and third parties respectively. In relation to hypertext links to websites operated by members of the HSBC group, please read the terms and conditions of the linked website. In relation to hypertext links to websites operated by third parties, please note that: (1) the recipient should read the terms and conditions of the website; and (2) HSBC does not have any control whatsoever over these websites and shall not be liable for the recipient’s use of them. HSBC will use its reasonable endeavours to ensure that the contents of this document are current at the date of its first publication. HSBC gives no undertaking and is under no obligation to provide the recipient with access to any additional information or to update all or any part of the contents of this document or to correct any inaccuracies in it which may become apparent. HSBC is not responsible for providing the recipient with any legal, tax or other advice regarding the contents of this document and the recipient should make its own arrangements in respect of this accordingly. This document has not been prepared to address the specific requirements or objectives of any particular client. The recipient is solely responsible for making its own independent appraisal of an investigation into the products, services and other content referred to in this document. This document should be kept confidential and shall be used for internal business purposes only by the recipient to whom it is provided and its officers, employees and agents. This document should be read in its entirety and shall not be photocopied, reproduced, distributed or disclosed in whole or in part to any other person without the prior written consent of the relevant HSBC Group member. This document is proprietary to HSBC and the recipient agrees on request to return or, if requested, to destroy this document and all other materials received relating to the information contained herein. Except in the case of fraudulent misrepresentation and/or breach of these terms, no liability is accepted whatsoever by HSBC and the HSBC Group for any direct, indirect or consequential loss arising from the use of this document. Please contact your local HSBC representative for further information on the availability of products and/or services discussed herein in your region.

© Copyright. HSBC Bank plc 2014 ALL RIGHTS RESERVED

Published: February 2014

i

RMB Payment Purpose Code Requirement

Contents File Format: IFILE.......................................................................................................... 1 File Format: MT103 ....................................................................................................... 2 File Format: SAP IDOC ................................................................................................. 4 File Format: H4WMT100 ............................................................................................... 6 File Format: ISO 20022 XMLv2 ..................................................................................... 8 File Format: ISO 20022 XMLv3 ..................................................................................... 9 File Format: PAYMUL / PAYEXT ................................................................................ 10

Published: February 2014

ii

RMB Payment Purpose Code Requirement

File Format: IFILE For file format IFILE, the payment purpose code can be populated in any of the Bank to Bank Information Lines i.e. field #55 to #59, as shown below. List of supported Purpose of Payment codes are as below: Purpose must be one of below: 1./BUSINESS/CAPITAL TRF 2./BUSINESS/CHARITY DONATION 3./BUSINESS/CURRENT ACC TXN 4./BUSINESS/GOODS TRADE 5./BUSINESS/SERVICE TRADE

Second Party Details Record for HVP and LVP payments

NLS

Max Length Format (Eng) Remarks (in bytes)

item#

Inbound fields in i-File M/O

55

Bank to Bank Information Line 1

O

Y

AN

35

56

Bank to Bank Information Line 2

O

Y

AN

35

57

Bank to Bank Information Line 3

O

Y

AN

35

58

Bank to Bank Information Line 4

O

Y

AN

35

59

Bank to Bank Information Line 5

O

Y

AN

35

Published: February 2014

Please input the above codes into this field or any subsequent fields below.

1

RMB Payment Purpose Code Requirement

File Format: MT103 For file format MT103, the payment purpose code (in red colour) should be populated in tag 72, as shown below.

Input Description :72:Bank to Bank information

Length

Input field

Remarks

35x*6

Line 1 : a) Beneficiary Country Code /REC/LCC-xx

where xx = beneficiary bank country code (eg HK, AU, CN) Line 1 information is mandatory for instruction level authorisation

Line 2 : a) 1st Exchange Contract and 1st Take Up amount //CN-12X15X b) Cheque / Draft issuances with delivery method /REC/xxx-yyy

a) 1st Exchange Contract and 1st Take Up amount Tag72 2nd line - 1st Exchange Contract and 1st Take up Amount 12X = contract number or dealer reference / name with left justified with trailing spaces 15X = Drawdown amount or exchange rate and left justified with trailing spaces b) Cheque / Draft issuance where xxx = CHQ or DFT for local currency cheque and demand draft respectively. where yyy = MTB - Mail to Beneficiary (default if blank) MTA - Mail to Applicant CAB - Collect at Br of A/C CTA - Courier to Applicant CTB - Courier to Beneficiary RTB - Registered Mail To Beneficiary

Line 3 : a) 2nd Exchange Contract and 2nd Take Up amount //CN2-12X15X

a) Tag72 3nd line - 2nd Exchange Contract and 2nd Take up Amount This should always appear on the line immediately after /REC/CN as the extension of the 1st exchange contract reference

/INS/xxxxx

The code can be used in Tag72 line 2 and line 3 if the above codewords are not used. If the above are used, line 4 onwards can be used.

/ACC/xxxxxx

The code can be used in Tag72 line 2 and line 3 if the above codewords are not used. If the above are used, line 4 onwards can be used.

/INT/xxxxx

The code can be used in Tag72 line 2 and line 3 if the above codewords are not used. If the above are used, line 4 onwards can be used.

Published: February 2014

2

RMB Payment Purpose Code Requirement

Input Description

Length

Input field

Remarks

/REC/xxxxx

The code can be used in Tag72 line 2 and line 3 if the above codewords are not used. If the above are used, line 4 onwards can be used.

CNY Payment purpose code a)Payment purpose code /BUSINESS/Purpose code

If the above input fields are not used, the input fields will be used for CNY payment purpose code mapping. Purpose must be one of below: 1. /BUSINESS/CAPITAL TRF 2./BUSINESS/CHARITY DONATION 3. /BUSINESS/CURRENT ACCOUNT ITEMS 4./BUSINESS/GOODS TRADE 5. /BUSINESS/SERVICE TRADE

Published: February 2014

3

RMB Payment Purpose Code Requirement

File Format: SAP IDOC For file format SAP IDOC, the payment purpose code (listed below in red colour) can be populated in any of IDOC field pair INSCODEx & INSINFOx, where x = 1,2,3,4. For field INSCODEx, please provide ‘BUSINESS” as the value. For field INSINFOx, please provide either one of the list, as listed below. 1. CAPITAL TRF 2. CHARITY DONATION 3. CURRENT ACC TXN 4. GOODS TRADE 5. SERVICE TRADE

Segment Desc.

iDoc Field Name

Field Pos.

Start Pos.

End Pos.

Field Length

Loop max

Data required in iDoc

payment instructions

INSCODE1

13

182

185

12

1

If this field is not used currently, please provide the value “BUSINESS” to define CN RMB Purpose of Payment.

You can choose to use other field-pair of INSCODE + INSINFO.

payment instructions

INSINFO1

15

244

272

29

1

For CNY payment purpose code mapping, Purpose must be one of below: 1.CAPITAL TRF 2.CHARITY DONATION 3.CURRENT ACC TXN 4.GOODS TRADE 5.SERVICE TRADE

payment instructions

INSCODE2

16

314

317

12

1

As explained above.

payment instructions

INSINFO2

18

376

404

29

1

As explained above.

payment instructions

INSCODE3

19

446

449

12

1

As explained above.

Published: February 2014

4

RMB Payment Purpose Code Requirement

Segment Desc.

iDoc Field Name

Field Pos.

Start Pos.

End Pos.

Field Length

Loop max

Data required in iDoc

payment instructions

INSINFO3

21

508

536

29

1

As explained above.

payment instructions

INSCODE4

22

578

590

12

1

As explained above.

payment instructions

INSINFO4

24

640

668

29

1

As explained above.

Published: February 2014

5

RMB Payment Purpose Code Requirement

File Format: H4WMT100 For file format H4WMT100, the payment purpose code (in red colour) should be populated in tag 72, as shown below.

Tag

Status

Field lengt h

Description

:72:

M

24x

O

29x

Payment Currency, Credit Location and Bank ID :72:/REC/CCY:XXX LCC:YY where XXX is payment currency (required only if it is different from the transaction currency specified in Tag 32A) YY is Credit Location is credit location's Bank ID Advice to Beneficiary By phone -'/PHONBEN/xxx..xxx' where xxx..xxx is phone number By telex -'/TELEBEN/xxx..xxx' where xxx..xxx is telex number

O

26x

Advice to Beneficiary Bank By phone -'/PHON/xxx..xxx' where xxx..xxx is phone number By telex -'/TELE/xxx..xxx' where xxx..xxx is telex number

O

29x

Advice to Intermediary Bank By phone -'/PHONIBK/xxx..xxx' where xxx..xxx is phone number By telex -'/TELEIBK/xxx..xxx' where xxx..xxx is telex number

O

28x

Cheque/Draft issued by Bank and Handling instruction. '/CHEQUE/xxx...xxx' where xxx...xxx is the description of the instruction as below: - 'Mail to Beneficiary' (default if xxx..xxx is empty) - 'Mail to Applicant' - 'Collect at Br of A/C' - Special instruction entered

O

30x

Exchange Contract and Exchange Control Reference - '//ECN:xxxxxxxxxx ECR:xxxxxxx' where the first xx..xx is the exchange contract number, the second xx..xx is the exchange control reference (Note that if no exchange contract number or no exchange control reference, the field will look like: '//ECN:xxxxxxxxxx' or '//ECR:xxxxxxx')

Published: February 2014

Remarks

The codewords will be displayed at "Advised by" column in HSBCnet payment screen MT100 HSBCnet /PHONBEN/ PHONE /TELEBEN/ TELEX The codewords will be displayed at "Instruction Code" column in HSBCnet payment screen MT100 HSBCnet /PHON/ PHON /TELE/ TELE The codewords will be displayed at "Instruction Code" column in HSBCnet payment screen MT100 HSBCnet /PHONIBK/ PHOI /TELEIBK/ TELI The codeword /CHEQUE/ will be displayed as CHQB in "Instruction Code" while the description of the instruction is shown in "Instruction to bank" as below: MT100 HSBCnet Mail to Beneficiary POST:Beneficiary Mail to Applicant POST:Applicant Collect at Br of A/C POST:Branch Pickup Special instruction entered POST:Special instruction entered (For Hongkong, CO - is not available until further notice DD - "Special instruction entered" is not available until further notice)

6

RMB Payment Purpose Code Requirement

Tag

Status

Field lengt h

Description

Remarks

O

35x

CNY Payment purpose code a)Payment purpose code /BUSINESS/Purpose code

If the above input fields are not used, the input fields will be used for CNY payment purpose code mapping. Purpose must be one of below: 1. /BUSINESS/CAPITAL TRF 2./BUSINESS/CHARITY DONATION 3. /BUSINESS/CURRENT ACCOUNT ITEMS 4./BUSINESS/GOODS TRADE 5. /BUSINESS/SERVICE TRADE

End of record

Published: February 2014

7

RMB Payment Purpose Code Requirement

File Format: ISO 20022 XMLv2 For file format XMLv2, the payment purpose code (in red colour) should be populated in tag, as shown below.

Input Description Payment purpose code for CN cross border RMB payment

Length

Input field

Remarks

35x



Purpose of Payment code must be one of below:



Published: February 2014

1./BUSINESS/CAPITAL TRF 2./BUSINESS/CHARITY DONATION 3./BUSINESS/CURRENT ACC TXN 4./BUSINESS/GOODS TRADE 5./BUSINESS/SERVICE TRADE

8

RMB Payment Purpose Code Requirement

File Format: ISO 20022 XMLv3 For file format XMLv3, the payment purpose code (in red colour) should be populated in tag, as shown below.

Input Description Payment purpose code for CN cross border RMB payment

Length

Input field

Remarks

35x



Purpose of Payment code must be one of below:



Published: February 2014

1./BUSINESS/CAPITAL TRF 2./BUSINESS/CHARITY DONATION 3./BUSINESS/CURRENT ACC TXN 4./BUSINESS/GOODS TRADE 5./BUSINESS/SERVICE TRADE

9

RMB Payment Purpose Code Requirement

File Format: PAYMUL / PAYEXT For file format PAYMUL and PAYEXT, the payment purpose code (in red colour) should be populated in segment FTX, as shown below.

Segment Group 15 – Dependant Segment Number : 59 Segment: FTX – Free Text Maximum No. of Occurrences: 5

Segment Status: Conditional

This segment provides space for free text relating to the payment details. Element

Description

Format

Status

Comments

4451

Text subject qualifier

AN..3

M

ABY = Regulatory Reporting Information +

4453

Text function, coded

AN..3

N

Not Used

+

C107

Text reference

N

Not Used

+

4441

Free text, coded

AN..3

N

Not Used

1131

Code list qualifier

AN..3

N

Not Used

AN..3

N

Not Used

3055 C108 4440

Code list responsible agency, coded Text literal Free text

Separator

M AN..70

M

The code will be used for CNY payment purpose code mapping.

:

Purpose must be one of below: 1. /BUSINESS/CAPITAL TRF 2. /BUSINESS/CHARITY DONATION 3./BUSINESS/CURRENT ACC TXN 4./BUSINESS/GOODS TRADE 5./BUSINESS/SERVICE TRADE

Note: An additional GIS+37 is require to put in front of FTX+ABY.

Published: February 2014

10

RMB Payment Purpose Code Requirement

Issued by HSBC Bank plc © HSBC Bank plc 2014. All rights reserved