What does PAYM mean in ISO 20022?

PAYM is Payment in the ExternalUndertakingType1Code code set: Undertaking in support of a payment obligation.

Where does PAYM appear in a message?

For example in tsin.005, element UdrtkgApplDtls/Tp/Cd.

ExternalUndertakingType1Code

PAYM Code: Payment

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

PAYM means payment in the ISO 20022 undertaking type code set. Undertaking in support of a payment obligation.

Code: PAYM
ISO name: Payment
Status: Registered
Last updated: 2012-12-14

Official definition

Undertaking in support of a payment obligation.

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

Messages and fields that use ExternalUndertakingType1Code

Message	Element path
tsin.005	UdrtkgApplDtls/Tp/Cd
tsrv.001	UdrtkgIssncDtls/Tp/Cd, UdrtkgIssncDtls/ReqdLclUdrtkg/Tp
tsrv.002	UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/Tp/Cd, UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/Tp
tsrv.003	UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/Tp/Cd, UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/Tp

PAYM in other code sets

PAYM in ExternalRelativeTo1Code

PAYM questions

What does PAYM mean in ISO 20022?: PAYM is Payment in the ExternalUndertakingType1Code code set: Undertaking in support of a payment obligation.
Where does PAYM appear in a message?: For example in tsin.005, element UdrtkgApplDtls/Tp/Cd.

All ExternalUndertakingType1Code 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.