CTP Code: Credit Transfer Preferred
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CTP means credit transfer preferred in the ISO 20022 local instrument code set. Payment via Credit Transfer but Instant Credit Transfer is also possible.
- Code
- CTP
- ISO name
- CreditTransferPreferred
- Status
- Registered
- Last updated
- 2024-02-28
Official definition
Payment via Credit Transfer but Instant Credit Transfer is also possible.
The same value earlier meant Customer Transfer Plus (Obsolete): Transaction is related to a customer transfer, which may include information related to a cover payment or extended remittance information.
Messages and fields that use ExternalLocalInstrument1Code
| Message | Element path |
|---|---|
| pacs.002 | TxInfAndSts/OrgnlTxRef/PmtTpInf/LclInstrm/Cd, TxInfAndSts/OrgnlTxRef/MndtRltdInf/CdtTrfMndt/Tp/LclInstrm/Cd |
| pain.002 | OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/PmtTpInf/LclInstrm/Cd, OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/MndtRltdInf/CdtTrfMndt/Tp/LclInstrm/Cd |
| pacs.004 | TxInf/PmtTpInf/LclInstrm/Cd, GrpHdr/PmtTpInf/LclInstrm/Cd, TxInf/OrgnlTxRef/PmtTpInf/LclInstrm/Cd, TxInf/OrgnlTxRef/UndrlygFICdtTrf/PmtTpInf/LclInstrm/Cd |
| camt.056 | Undrlyg/TxInf/OrgnlTxRef/PmtTpInf/LclInstrm/Cd, Undrlyg/TxInf/OrgnlTxRef/MndtRltdInf/CdtTrfMndt/Tp/LclInstrm/Cd |
| camt.029 | ModDtls/OrgnlTxRef/PmtTpInf/LclInstrm/Cd, CxlDtls/TxInfAndSts/OrgnlTxRef/PmtTpInf/LclInstrm/Cd, ModDtls/OrgnlTxRef/MndtRltdInf/CdtTrfMndt/Tp/LclInstrm/Cd, CxlDtls/OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/PmtTpInf/LclInstrm/Cd |
| pacs.008 | GrpHdr/PmtTpInf/LclInstrm/Cd, CdtTrfTxInf/PmtTpInf/LclInstrm/Cd, CdtTrfTxInf/MndtRltdInf/Tp/LclInstrm/Cd |
| pacs.009 | GrpHdr/PmtTpInf/LclInstrm/Cd, CdtTrfTxInf/PmtTpInf/LclInstrm/Cd, CdtTrfTxInf/UndrlygFICdtTrf/PmtTpInf/LclInstrm/Cd, CdtTrfTxInf/UndrlygCstmrCdtTrf/PmtTpInf/LclInstrm/Cd |
| pain.001 | PmtInf/PmtTpInf/LclInstrm/Cd, PmtInf/CdtTrfTxInf/PmtTpInf/LclInstrm/Cd, PmtInf/CdtTrfTxInf/MndtRltdInf/Tp/LclInstrm/Cd |
And 49 more messages: see the ExternalLocalInstrument1Code page.
CTP questions
- What does CTP mean in ISO 20022?
- CTP is Credit Transfer Preferred in the ExternalLocalInstrument1Code code set: Payment via Credit Transfer but Instant Credit Transfer is also possible.
- Where does CTP appear in a message?
- For example in camt.056, element Undrlyg/TxInf/OrgnlTxRef/PmtTpInf/LclInstrm/Cd.
All ExternalLocalInstrument1Code 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.