Request for Transfer Instruction Codes |
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CHQB |
This transaction requests that the beneficiary be paid via the issuance of a cheque. |
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CORT |
This transaction is a payment that is made in settlement of a trade (e.g. foreign exchange deal, securities transaction). |
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INTC |
This transaction is for an intra-company payment (e.g. a payment between two companies belonging to the same group). |
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NETS |
This payment should be settled via a net settlement system if available. |
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RTGS |
This payment should be settled via a real time gross settlement system if available |
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URGP |
This is a time sensitive payment that should be executed in an expeditious manner. |
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PHON |
This transaction requires that the beneficiary be contacted by telephone. An appropriate telephone number must be included in the sub-field. This instruction is meant for the last financial institution in the chain. |
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OTHR |
Used for bilaterally agreed codes/information. The actual bilateral code/information must be specified in the second sub-field. The following codes may follow ‘DMST’ for domestic and ‘INTL’ for international. |
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Please note, the following combinations are not allowed: CHQB with URGP CHQB with RTGS CHQB with NETS CHQB with PHON NETS with RTGS |
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Related Topics |
Request for Transfer Instruction Codes
Service Information - Requests for Transfer
Approving Requests for Transfer
Signing/Submitting Requests for Transfer
Requests for Transfer - Group Information – Service Privilege Details
Request for Transfer History
Message Centre
Requests for Transfer Import File Layouts