---
title: "Domestic Wire - ISO20022 Glossary/Definitions"
slug: "domestic-wire-iso20022-glossarydefinitions"
updated: 2025-02-05T20:22:14Z
published: 2025-02-05T20:22:14Z
canonical: "docs.corporatecu.com/domestic-wire-iso20022-glossarydefinitions"
stale: true
---

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# Domestic Wire - ISO20022 Glossary/Definitions

ISO20022 wire formatting may contain unfamiliar field names. Please see the chart for a list of terms and definitions related to ISO20022 incoming and outgoing domestic wires.

| Term | Definition |
| --- | --- |
| **Account Identification** | Unique and unambiguous identification for the account between the account owner and the account servicer, such as account number or other identifying information. |
| **Account Identification Issuer** | Entity that assigns Account Identification |
| **Account Name** | Name of the account, as assigned by the account servicing institution, in agreement with the account owner in order to provide an additional means of identification of the account; different from the account owner name |
| **Authority Name** | Name of the entity requiring the regulatory reporting information. |
| **Bank Clearing System** | Identification of a clearing system, in a coded form as published in an external list |
| **Bank Identification** | Typically, a routing number, but may vary for other countries |
| **BIC - Business Identification Code** | An international standard for routing business transactions and identifying business parties |
| **Charge Bearer** | Entity that should be impacted by the Charge |
| **Compensation Amoun** | Amount of money asked or paid as compensation for the processing of the instruction |
| **Creditor Agent** | Beneficiary FI |
| **Creditor Reference Information** | Reference information provided by the creditor to allow the identification of the underlying documents |
| **Debtor** | Originator |
| **Garnishment Remittance** | Provides remittance information about a payment for garnishment-related purposes |
| **Initiating Party** | Used only when different from Debtor; party that initiates the payment the credit transfer on behalf of the debtor |
| **Instructed Agent** | Receiving ABA |
| **Instructed Amount** | Amount the Originator/Debtor has instructed to be sent |
| **Invoicee** | Identification of the party to whom an invoice is issued, when it is different from the debtor or ultimate debtor |
| **Invoicer** | Identification of the organization issuing the invoice, when it is different from the creditor or ultimate creditor |
| **Legal Entity Identification** | Legal entity identifier of the financial institution |
| **Original Business Function Code** | Business Function Code that was used in the original wire |
| **Payment Information ID** | Unique identification, as assigned by the original sending party, to unambiguously identify the original payment information group |
| **Referred Document Amount** | Provides details on the amounts of the referred document |
| **Referred Document Information** | Provides the identification and the content of the referred document |
| **Remittance Information** | Information supplied to enable the matching of an entry with the items that the transfer is intended to settle, such as commercial invoices in an accounts’ receivable system |
| **Remittance Information Summary** | Information supplied to enable the matching/reconciliation of an entry with the items that the payment is intended to settle, such as commercial invoices in an accounts’ receivable system, in an unstructured form |
| **Requested Execution Date** | Date at which the initiating party requests the clearing agent to process the payment; the date on which the debtor's account is to be debited. If payment by cheque, the date when the cheque must be generated by the bank. |
| **Requestor Investigation ID** | Unique identification, as assigned by the requestor, to unambiguously identify the investigation for the requestor |
| **Responder Investigation ID** | Unique identification, as assigned by the responder, to unambiguously identify the investigation for the responder |
| **Return Instructed Amount** | The funds to be moved between the debtor and the creditor, before deduction of charges, in the returned transaction |
| **Tax Remittance** | Provides remittance information about a payment made for tax-related purposes |
| **UET** | UETR of the original message to which the payment return message relate |
| **Ultimate Creditor** | The ultimate party to which an amount of money is due |
| **Ultimate Debtor** | Ultimate party that owes an amount of money to the (ultimate) creditor |
| **Uniform Resource Identifier** | A compact string of characters that uniquely identify an abstract or physical resource; the super-set of identifiers, such as URLs, email addresses, ftp sites, etc., and as such, provide the syntax for all of the identification schemes. |

| ISO20022 Message Identifier | Description |
| --- | --- |
| PAIN | Payment Initiation (customer-to-bank, interbank relay) |
| PACS | Payments Clearing and settlement (interbank) |
| CAMT | Cash Management (reporting, exception handling) |