ModifyTransactionV09camt.007.001.09

Definition: Further information related to the processing of the payment instruction. The instruction can relate to a level of service between the bank and the customer, or give instructions to and for specific parties in the payment chain. .

Type: Instruction1Code (String)

Allowed Values:

• PBEN (Pay The Beneficiary): (Ultimate) creditor to be paid only after verification of identity.
• TTIL (Time Till): Payment instruction is valid and eligible for execution until the date and time stipulated. Otherwise, the payment instruction will be rejected.
• TFRO (Time From): Payment instruction will be valid and eligible for execution from the date and time stipulated.