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remt: Payments Remittance Advice

remt.001 Remittance Advice

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remt.001 is the ISO 20022 RemittanceAdvice message in the Payments Remittance Advice business area (remt). The latest version is remt.001.001.06, and 6 versions are in the repository.

Message
RemittanceAdvice
Latest version
remt.001.001.06
Submitting organisation
IFX/OAGi
MT equivalent
None listed

In use: published in the current ISO 20022 catalogue.

What remt.001 is for

The RemittanceAdvice message allows the originator to provide remittance details that can be associated with a payment.

Definition from the ISO 20022 e-Repository, release of 24 April 2025.

remt.001 versions

Every version published in the e-Repository, newest first. A message keeps its business purpose across versions; each new version is a separate schema with its own namespace.

VersionRegistration statusPublished in
remt.001.001.06latestRegisteredLatest version set
remt.001.001.05RegisteredPrevious version set
remt.001.001.04RegisteredArchive
remt.001.001.03RegisteredArchive
remt.001.001.02RegisteredArchive
remt.001.001.01RegisteredArchive

remt.001 message structure

The building blocks of remt.001.001.06 to three levels, with multiplicity ([0..1] optional, [1..1] mandatory, * any number) and the data type or component. Element names and definitions are from the ISO 20022 repository; usage guidelines such as CBPR+ or a market infrastructure's rules can restrict them further.

  • Document [1..1]
    • RmtAdvc RemittanceAdvice [1..1]
      • GrpHdr Group Header [1..1]GroupHeader122

        Set of characteristics shared by all remittance information included in the message.

        • MsgId Message Identification [1..1]Max35Text

          Point to point reference, as assigned by the instructing party, and sent to the next party in the chain to unambiguously identify the message.

        • CreDtTm Creation Date Time [1..1]ISODateTime

          Date and time at which the message was created.

        • Authstn Authorisation [0..2]Authorisation1Choice (choice)

          User identification or any user key to be used to check whether the initiating party is allowed to initiate transactions from the account specified...

          • Cd Code [1..1]Authorisation1Code
          • Prtry Proprietary [1..1]Max128Text
        • CpyInd Copy Indicator [0..1]CopyDuplicate1Code

          Specifies if this document is a copy, a duplicate, or a duplicate of a copy.

        • InitgPty Initiating Party [1..1]PartyIdentification272

          Party that initiates the payment.

          • Nm Name [0..1]Max140Text
          • PstlAdr Postal Address [0..1]PostalAddress27
          • Id Identification [0..1]Party52Choice (choice)
          • CtryOfRes Country Of Residence [0..1]CountryCode
          • CtctDtls Contact Details [0..1]Contact13
        • MsgRcpt Message Recipient [0..1]PartyIdentification272

          Party authorised by the account owner to receive information about movements on the account.

          • Nm Name [0..1]Max140Text
          • PstlAdr Postal Address [0..1]PostalAddress27
          • Id Identification [0..1]Party52Choice (choice)
          • CtryOfRes Country Of Residence [0..1]CountryCode
          • CtctDtls Contact Details [0..1]Contact13
        • FwdgAgt Forwarding Agent [0..1]BranchAndFinancialInstitutionIdentification8

          Financial institution that receives the instruction from the initiating party and forwards it to the next agent in the payment chain for execution.

          • FinInstnId Financial Institution Identification [1..1]FinancialInstitutionIdentification23
          • BrnchId Branch Identification [0..1]BranchData5
      • RmtInf Remittance Information [1..*]RemittanceInformation23

        Provides information to enable the matching of an entry with the items that the associated payment is intended to settle, such as commercial invoices in an accounts' receivable system, tax obligations, or garnishment orders.

        • RmtId Remittance Identification [0..1]Max35Text

          Unique identification, assigned by the originator, to unambiguously identify the remittance information within the message.

        • Ustrd Unstructured [0..*]Max140Text

          Information supplied to enable the matching/reconciliation of an entry with the items that the payment is intended to settle, such as commercial...

        • Strd Structured [0..*]StructuredRemittanceInformation18

          Information supplied to enable the matching/reconciliation of an entry with the items that the payment is intended to settle, such as commercial...

          • RfrdDocInf Referred Document Information [0..*]ReferredDocumentInformation8
          • RfrdDocAmt Referred Document Amount [0..1]RemittanceAmount4
          • CdtrRefInf Creditor Reference Information [0..1]CreditorReferenceInformation3
          • Invcr Invoicer [0..1]PartyIdentification272
          • Invcee Invoicee [0..1]PartyIdentification272
          • TaxRmt Tax Remittance [0..1]TaxData1
          • GrnshmtRmt Garnishment Remittance [0..1]Garnishment4
          • AddtlRmtInf Additional Remittance Information [0..3]Max140Text
        • OrgnlPmtInf Original Payment Information [1..1]OriginalPaymentInformation10

          Set of elements used to provide information on the original transactions, to which the remittance message refers.

          • Refs References [1..1]TransactionReferences8
          • PmtTpInf Payment Type Information [0..1]PaymentTypeInformation26
          • Amt Amount [0..1]AmountType3Choice (choice)
          • XchgRateInf Exchange Rate Information [0..1]ExchangeRate1
          • ReqdExctnDt Requested Execution Date [0..1]DateAndDateTime2Choice (choice)
          • ReqdColltnDt Requested Collection Date [0..1]ISODate
          • Dbtr Debtor [0..1]PartyIdentification272
          • DbtrAcct Debtor Account [0..1]CashAccount40
          • DbtrAgt Debtor Agent [0..1]BranchAndFinancialInstitutionIdentification8
          • Cdtr Creditor [0..1]PartyIdentification272
          • CdtrAcct Creditor Account [0..1]CashAccount40
          • CdtrAgt Creditor Agent [0..1]BranchAndFinancialInstitutionIdentification8
      • SplmtryData Supplementary Data [0..*]SupplementaryData1

        Additional information that cannot be captured in the structured elements and/or any other specific block.

        • PlcAndNm Place And Name [0..1]Max350Text

          Unambiguous reference to the location where the supplementary data must be inserted in the message instance.

        • Envlp Envelope [1..1]SupplementaryDataEnvelope1

          Technical element wrapping the supplementary data.

Have a remt.001 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

External code sets used in remt.001

These elements take their values from ISO 20022 external code sets, which are published separately and updated every quarter without a new message version.

remt.001 questions

What is the latest version of remt.001?
The latest version in the ISO 20022 e-Repository release of 24 April 2025 is remt.001.001.06.
What is the root element of remt.001?
The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:remt.001.001.06, and its message element is RmtAdvc (RemittanceAdvice).
Is there an MT equivalent of remt.001?
No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

All ISO 20022 messages · ISO 20022 code sets · MT messages

The ISO 20022 message definitions, element 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.