What does IPAY mean in ISO 20022?

IPAY is Payment Initiated in the ExternalInvestigationExecutionConfirmation1Code code set: Used when the result of an investigation is, or will be, the initiation of a payment instruction.

Where does IPAY appear in a message?

For example in camt.029, element Sts/Conf.

ExternalInvestigationExecutionConfirmation1Code

IPAY Code: Payment Initiated

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

IPAY means payment initiated in the ISO 20022 investigation execution confirmation code set. Used when the result of an investigation is, or will be, the initiation of a payment instruction.

Code: IPAY
ISO name: PaymentInitiated
Status: Registered
Last updated: 2018-04-01

Official definition

Used when the result of an investigation is, or will be, the initiation of a payment instruction.

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalInvestigationExecutionConfirmation1Code

Message	Element path
camt.029	Sts/Conf

IPAY in other code sets

IPAY in ExternalPurpose1Code

IPAY questions

What does IPAY mean in ISO 20022?: IPAY is Payment Initiated in the ExternalInvestigationExecutionConfirmation1Code code set: Used when the result of an investigation is, or will be, the initiation of a payment instruction.
Where does IPAY appear in a message?: For example in camt.029, element Sts/Conf.

All ExternalInvestigationExecutionConfirmation1Code codes · ISO 20022 code sets

The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.