IMD Code: Immediate Payment
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IMD means immediate payment in the ISO 20022 local instrument code set. Type of Payment used within the New Payments Architecture (UK). Immediate Payments are used for payments initiated by customers using channels such as internet, mobile or telephone banking, where the customer wants the payment to be effected immediately.
- Code
- IMD
- ISO name
- ImmediatePayment
- Status
- Registered
- Last updated
- 2023-08-31
Official definition
Type of Payment used within the New Payments Architecture (UK). Immediate Payments are used for payments initiated by customers using channels such as internet, mobile or telephone banking, where the customer wants the payment to be effected immediately.
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.
IMD questions
- What does IMD mean in ISO 20022?
- IMD is Immediate Payment in the ExternalLocalInstrument1Code code set: Type of Payment used within the New Payments Architecture (UK). Immediate Payments are used for payments initiated by customers using channels such as internet, mobile or telephone banking, where the customer wants the payment to be effected immediately.
- Where does IMD 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.