obOpen Banking Lab
GlossarySTETBlogContact
ISO20022object

ChargesRecord

ISO20022: Provides further individual record details on the charges related to the payment transaction.

  • The [amount] proprty specifies the transaction charges to be paid by the charge bearer.
  • The [creditDebitIndicator] property indicates whether the charges amount is a credit or a debit amount. A zero amount is considered to be a credit.
  • the [code] property is the charge type, in a coded form
  • the [rate] property is the rate used to calculate the amount of the charge or fee.
  • the [bearer] property specifies which party/parties will bear the charges associated with the processing of the payment transaction.
  • the [agent] property specifies the agent that takes the transaction charges or to which the transaction charges are due.
  • the [tax] property provides details on the tax applied to charges. API: Amounts must always be set as positive values.

Fields (8)

  • amountAmountType

    Schema: AmountType

  • creditDebitIndicatorCreditDebitIndicator

    Schema: CreditDebitIndicator

  • chargeIncludedIndicatorboolean

    Indicates whether the charge should be included in the amount or is added as pre-advice.

    Indicates whether the charge should be included in the amount or is added as pre-advice. One of the following values must be used:

    • Meaning When True: Included
    • Meaning When False: Pre-advised
  • codeCodeAndIssuer

    Schema: CodeAndIssuer

  • ratePercentageRate

    Schema: PercentageRate

  • bearerChargeBearerCode

    Schema: ChargeBearerCode

  • agentFinancialInstitutionIdentification

    Schema: FinancialInstitutionIdentification

  • taxTaxCharges

    Schema: TaxCharges