---
title: "Outgoing Domestic - ISO20022 PACS 004 - Payment Return"
slug: "outgoing-domestic-iso20022-pacs-004"
updated: 2026-06-12T21:12:40Z
published: 2026-06-12T21:12:40Z
canonical: "docs.corporatecu.com/outgoing-domestic-iso20022-pacs-004"
stale: true
---

> ## Documentation Index
> Fetch the complete documentation index at: https://docs.corporatecu.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Outgoing Domestic - ISO20022 PACS 004 - Payment Return

PACS 004 Payment Returns provide the credit union with the ability to return wires for a variety of reasons.

In the system, there are multiple ways to create a PACS 004 Payment Return wire:

- When creating a new PACS 004 wire, the “Find Wire” function can be used to find and populate the return wire.
- When creating a new PACS 004 wire, the return details can be manually entered.
- When reviewing the Incoming Wire, a “Create Return” button can be clicked.
- If a CAMT 056 Return Request was received, the return can be initiated using the Respond button on the CAMT 056 wire detail.

The steps below describe returning a wire from the Create Wire screens.

#### Section 1 - Wire Detail

1. Click **Create New Domestic**
2. Select **Member Contact For Verification**
  1. Individual who will most likely verify wire or who may answer questions regarding the wire
  2. This dropdown will only display the names of Users that have the permission to verify wires
3. Select **Business Function Code PACS 004**
4. To auto-fill information, select the **Find Wire** button to auto-fill the Original Transaction fields
  1. **Find Wire** tab defaults to **Incoming**
  2. Provide filtering information in the column headers to narrow results
  3. Click the **radio button** of the wire to return
  4. Click **Apply Selected**
5. If manually completing information, select the **Type Code** for the Original Transaction

*See* [*ISO20022 FedWire Code Appendix 2*](/v1/docs/iso20022-fedwire-code-appendix)
  1. Complete the following fields for the **Original Transaction**
    1. Return Instructed Amount - *the funds to be moved between the debtor and the creditor, before deduction of charges, in the returned transaction*
    2. Compensation Amount - *amount of money asked or paid as compensation for the processing of the instruction*
    3. IMAD
    4. Original Business Function Code
    5. Transaction ID
    6. Beneficiary Reference
    7. Sender Reference
    8. UETR - *UETR of the original message to which the payment return message relates*
    9. Created Date
    10. Time
    11. Original Effective Date
6. ***Optional*** - If Charges should be added to the wire, utilize the **Add Charge** button at the bottom of the screen to provide **Charge Details**:
  1. If charges are due to your credit union, click the **checkbox** at the top of the screen to auto-fill the information
  2. Indicate the **Charge Amount**
  3. Search for or manually enter the details for the entity/financial institution assessing the charge
    1. If the entity has indicated a BIC, the **BIC Search** button may be utilized to auto-fill the information, otherwise information must be manually entered
    2. Once information has been added, click **Add** to display the charges on the screen
      1. This will reduce the instructed amount of the wire
  4. Indicate the **Charge Bearer** - *entity that should be impacted by the Charge*
    1. SHAR - Shared
    2. SLEV - Following Service Level
    3. CRED - Borne by Creditor
    4. DEBT - Borne by Debtor
  5. If additional charges must be added, repeat steps 7a-7d to add more charges
  6. Once charges have been added, the Amount of the wire will decrease to reflect subtracted Total Charges
7. Click **Next Step**

**For wires being entered after the cutoff, Users will see a message that states "The Effective Date has automatically been set to the next available business day allowed to send funds since it is now past the daily cut off time."**

#### Section 2 - Originator

1. If the return wire was identified and selected in the previous screen, the fields will be auto-filled
2. If manually completing the fields, select **Originator/Debtor** type:
  1. **Organization**
    1. If provided, include **Business Identification Code** (BIC) - may use the **BIC Search** button to auto-fill information
    2. **Name -** complete if BIC information is not utilized
      1. If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Identification** checkbox
    3. **Address Format** must be entered in **Detailed** format
  2. **Person**
    1. **Name** - complete
      1. If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Identification** checkbox
    2. **Address Format** must be entered in **Detailed** format
3. ***Optional -*** Provide **Account Information** (may be useful to include for internal purposes)
  1. **Account** **Identification**
    1. May be an account number or other form of identification
  2. **Account Identification Type**
    1. In most cases may be BBAN - BBAN Identifier
    2. Other options:
      1. AIIN - Issuer Identification Number
      2. IBAN1 - International Bank Account Number
      3. CUID - CHIPS Universal Identifier
      4. UPIC - UPCI Identifier
      5. Account Identification Type Proprietary - enter custom type
    3. If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Additional Information** checkbox
      1. Account Identification Issuer (may not be displayed, depending on Account Identification Type selected) - *entity that assigns the identification*
      2. Currency
      3. 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*
      4. Account Type

*See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
      5. Alternate Account Name
      6. Alternate Account Type

*See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
4. ***Optional -*** Provide **Initiating Party** information

*Used only when different from Debtor; party that initiates the payment the credit transfer on behalf of the debtor; will NOT auto-fill on PACS 004 from a PACS 008 or PACS 009 as there is no equivalent on a return*
  1. Click the blue dropdown arrow to select, and then provide information
    1. Provide Name, Address, and additional Identification, as noted by wire instructions
5. ***Optional*** - Provide **Ultimate Debtor** information

*Ultimate party that owes an amount of money to the (ultimate) creditor; auto-fills on PACS 004 from a PACS 008 Ultimate Creditor field*
  1. Click the blue dropdown arrow to select, and then provide information
    1. Provide Name, Address, and additional Identification, as noted by wire instructions
6. Click **Next Step**

#### Section 3 - Final Credit

1. If the return wire was identified and selected in the first screen, the fields will be auto-filled
2. If manually entering information, complete the following fields
3. **Receiving ABA/Instructed Agent**

*If more than one financial is included in the wire instructions, this is the financial institution where funds must be routed first*
  1. Provide **Bank Identification** (routing number)
4. ***Optional*** - ***Intermediary***

*Typically would be utilized for a wire that is going through a United States correspondent domestic financial institution*
  1. Click the **blue dropdown** arrow
    1. Complete the following fields for the intermediary financial institution:
      1. **Identification** - Name or BIC is required
        1. If provided, include **Bank Identification Code (BIC**) - may use the **BIC Search** button to auto-fill information
        2. **Name -** complete if BIC information is not utilized
      2. **Bank Identification** - *typically a routing number, but may vary for other countries*
        1. **Bank Clearing System** - select country
        2. **Legal Entity Identification** *- legal entity identifier of the financial institution*
      3. **Address Format** - *required for all wires in* ***Detailed*** *format*
      4. ***Optional -*** Provide **Account Information** (may be useful to include for internal purposes)
        1. **Account** **Identification**
          1. May be an account number or other form of identification
        2. **Account Identification Type**
          1. In most cases may be BBAN - BBAN Identifier
          2. Other options:
            1. AIIN - Issuer Identification Number
            2. IBAN1 - International Bank Account Number
            3. CUID - CHIPS Universal Identifier
            4. UPIC - UPCI Identifier
            5. Account Identification Type Proprietary - enter custom type
        3. ***Optional*** - If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Additional Information** checkbox
          1. Account Identification Issuer - may not be displayed, depending on Account Identification Type selected; *entity that assigns the identification*
          2. Currency
          3. 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*
          4. Account Type

*See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
          5. Alternate Account Name
          6. Alternate Account Type
          7. *See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
5. 
  1. **Receiving ABA/Instructed Agent**
    1. Provide **Bank Identification** (routing number)
  2. **Beneficiary FI/Creditor Agent**
    1. If the same as Receiving ABA, select the **Same as Receiving ABA** checkbox
    2. **Identification** - BIC or Name is required
      1. If provided, include **Bank Identification Code (BIC**) - may use the **BIC Search** button to auto-fill information
      2. **Name -** complete if BIC information is not utilized
        1. If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Identification** checkbox
      3. **Bank Identification** - typically a routing number, but may vary for other countries
      4. **Bank Clearing System** - select country
      5. **Legal Entity Identification***-* legal entity identifier of the financial institution
      6. **Address Format** must be entered in **Detailed** format
    3. **Account** **Information**
      1. **Account Identification**
        1. May be an account number or other form of identification
      2. **Account Identification Type**
        1. In most cases may be BBAN - BBAN Identifier
        2. Other options:
          1. AIIN - Issuer Identification Number
          2. IBAN1 - International Bank Account Number
          3. CUID - CHIPS Universal Identifier
          4. UPIC - UPCI Identifier
          5. Account Identification Type Proprietary - enter custom type
      3. ***Optional*** - If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Additional Information** checkbox
        1. Account Identification Issuer - may not be displayed, depending on Account Identification Type selected; *entity that assigns the identification*
        2. Currency
        3. 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*
        4. Account Type

*See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
        5. Alternate Account Name
        6. Alternate Account Type

*See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
6. **Beneficiary/Creditor**
  1. Select **Type**
    1. **Organization**
      1. If provided, include **Business Identification Code (BIC)** - may use the **BIC Search** button to auto-fill information
      2. **Name -** complete if BIC information is not utilized
        1. If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Identification** checkbox
      3. **Address Format** must be entered in **Detailed** format
    2. **Person**
      1. **Name** - complete
        1. If provided and/or required by the wire instructions, optional additional identification information may be provided by clicking the **Add Identification** checkbox
      2. **Address Format** must be entered in **Detailed** format
  2. ***Optional*** - Provide **Account Information** (may be useful to include for internal purposes)
    1. **Account** **Identification**
      1. May be an account number or other form of identification
    2. **Account Identification Type**
      1. In most cases may be BBAN - BBAN Identifier
      2. Other options:
        1. AIIN - Issuer Identification Number
        2. IBAN1 - International Bank Account Number
        3. CUID - CHIPS Universal Identifier
        4. UPIC - UPCI Identifier
        5. Account Identification Type Proprietary - enter custom type
      3. ***Optional*** - If provided and/or required by the Beneficiary/Creditor, optional additional identification information may be provided by clicking the **Add Additional Information** checkbox
        1. Account Identification Issuer - *may not be displayed, depending on Account Identification Type selected; entity that assigns the identification*
        2. Currency
        3. 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*
        4. Account Type

*See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
        5. Alternate Account Name
        6. Alternate Account Type

*See* [*ISO20022 FedWire Code Appendix 4*](/v1/docs/iso20022-fedwire-code-appendix)
7. ***Optional*** - Provide **Ultimate Creditor** information

*The Ultimate Creditor is the ultimate party to which an amount of money is due*
  1. Click the blue dropdown arrow to select, and then provide information
    1. Provide Name, Address, and additional Identification, as noted by wire instructions
8. Click **Next Step**

#### Section 5 - References

1. Select **Return Reason**
  1. ***Optional*** - Select **Return Reason** - *See* [*ISO20022 FedWire Code Appendix 12*](/v1/docs/iso20022-fedwire-code-appendix)
2. ***Optional -*** Provide **Additional Information**
  1. Up to 210 characters
3. Click **Next Step**

#### Section 6 - Review

Once all sections have been completed, the User will review all wire detail. If any errors are detected at this time, the User may update the information from this screen or go back and navigate through all screens to make the correction(s).

After wire entry has been reviewed, click **Create**.

A second User will need to verify the wire. Those steps may be reviewed in the [Outgoing Wire Approvals](https://portal.document360.io/v1/docs/outgoing-wire-approvals) article.