Cross-border payments

Transcription

1 Cross-border payments EDIFACT PAYMUL format Version Publishing date 13 December 2017

2 Table of contents 1 INTRODUCTION Related documents Definitions History IMPLEMENTATION GUIDELINES Set-up guidelines CONTENTS COUNTRY SPECIFIC INFORMATION FOR CROSS-BORDER PAYMENTS Debit Account and Debit account servicing institution DEBIT ACCOUNT SERVICING INSTITUTION - HANDELSBANKEN DEBIT ACCONT HELD IN OTHER BANKS Beneficiary account and Beneficiary s bank BENEFICIARY ACCOUNT BENEFICIARY S BANK Reference/Message to the beneficiary MESSAGE TO BENEFICIARIES IN CHINA HANDELSBANKEN POLAND HANDELSBANKEN SWEDEN HANDELSBANKEN OTHER COUNTRIES AND OTHER BANKS Payment-/Currency register-/central bank code FRANCE LATVIA NORWAY SWEDEN Charges allocation within EU/EEA Payments in CNY offshore to Mainland China FILE EXAMPLES China Denmark Estonia Latvia Lithuania Poland Sweden EDIFACT PAYMUL format Cross-border payments Page 2 (29)

3 1 Introduction Handelsbanken s implementation guidelines will describe the contents of cross-border payments based on EDIFACT PAYMUL-format. In the first part of the document you will find a description of the format, after the format description you will find country specific information. It is currently possible to make cross-border payments in Handelsbanken: China Great Britain Norway Denmark Hong Kong Poland Estonia Latvia Singapore Finland Lithuania Sweden France Luxembourg USA Germany Netherlands Other banks Payments can also be made from accounts held with other banks. The service is based on Handelsbanken having an agreement with the account holding bank in order to execute payments. Please contact your debtor agent for information regarding how to state your debtor account. All component services within outgoing payments must have a separate agreement with the Bank. This description is unique for Handelsbanken s services and can therefore only be used in cooperation with Handelsbanken. The structure and character sets of the EDIFACT messages are described in the Bankers Association s Service Segments. Handelsbanken uses the ISO :1987 character set for the syntax. More information about cross-border payments can be obtained from your local branch office. EDIFACT PAYMUL format Cross-border payments Page 3 (29)

4 1.1 Related documents Implementation guide These documents and specifications will make it easier to understand and apply the implementation guidelines: [ Standards; Implementation guide EDIFACT PAYMUL and Term Directory, Svenska Bankföreningen version D.96A 1.2 Definitions Term BBAN IBAN SWIFT BIC Description BBAN stands for Basic Bank Account Number and identifies a unique national bank account number. A BBAN can comprise up to 30 characters and can be alphanumeric. An international IBAN is created based on a BBAN. IBAN stands for International Bank Account Number. An IBAN consists of a maximum of 35 characters. A Swedish IBAN consists of 24 characters. SWIFT is the abbreviation of Society for Worldwide Interbank Financial Telecommunication and is a communications network used by most of the banks in the world for sending each other payment instructions and messages. Bank Identifier Code, 8 or 11 characters. A unique address linked to SWIFT EDIFACT PAYMUL format Cross-border payments Page 4 (29)

5 1.3 History Implementation guide At Handelsbanken, changes to version numbers are made according to the following guidelines. The original version is The last digit is changed when the format descriptions are changed, for example text clarifications and examples. The second digit is changed if minor changes are made to the format such as new countries or changes in the payment type. The first digit is changed (thus becoming a completely new version) if the format changes mean that the customer will have to make adaptations in order to continue using the service. In this case, all customers affected are informed of the new version and what the changes involve. Version Date Description New rules for allocation of fees within EU/EES according to PSD2 regulation, see 3.5 GB and SE: Cheque payment no longer available as payment type GB: National BankID not allowed New codes for payments to beneficiaries in Mainland China Cheque is no longer available as payment type from Luxembourg BIC is optional if Debit or Beneficiary s account number is stated as an IBAN New payment type (Financial/IntraCompany) available for Lithuania, Latvia and Estonia. Update due to changes in country specific information regarding Luxembourg. Do not have to enter Central bank code Update due to changes in country specific information regarding China. Older versions Please contact your local branch if you have questions concerning older versions. EDIFACT PAYMUL format Cross-border payments Page 5 (29)

6 2 Implementation guidelines Payment date/execution date Payment date can be stated for a maximum of 12 months ahead. Payment date can be exceeded with a maximum of 20 days. Then the payment will be executed the following business day. If execution date is exceeded with more than 20 days the payment will be rejected. Credit notes The EDIFACT PAYMUL-format doesn t as standard handle credit notes. An invoice must be manually netted against a credit note, with the net amount in E001 MOA SG11 being sent to the beneficiary. Invoice references can be entered in F003 DOC SG17 using code 381 in F004. Credit note references can be entered in F003 DOC SG17 using code 381 in F Set-up guidelines The description is based on the application instructions produced by the Swedish banks within the framework of Swedish Bankers Association. These application instructions are available in Swedish Bankers Association Manual on There the business transaction payment orders regarding information content and structure are described along with directions for how the information should be placed in an EDIFACT PAYMUL message from the directory version D96.A.rev To use this format description it must therefore be used in parallel with the Bankers Association s application instructions. The implementation instructions describe the information content sorted in numerical order for the business terms included in the payment order business transaction in the Bankers Association s documentation. Beside each business term there is also a reference to the current data element in the EDIFACT PAYMUL message. The idea is that it should be possible to use the format description in parallel with both the payment orders business transaction for the company s information analysis, and with the message application for the EDIFACT PAYMUL message for implementation in the company s system CONTENTS Swedish Bankers Association (Bankföreningen) Business term Ref.no. Payment order Name PAYMUL SG Seg DE Handelsbanken Cross-border payments A001 Payment order, number BGM 1004 Must be unique for each message between the sender and the bank Max 15 characters A017 A018 A025 Debit order reference, verification number Customer reference number, verification number Reference to remittance advice, number 4 RFF 1154 Unique reference for the debit transaction 11 RFF 1154 Unique reference for the credit transaction 11 RFF 1154 Not used A027 Message function code BGM = Original A029 A039 Previous payment order, number Customer to customer payment reference, number 1 RFF 1154 Not used 11 RFF 1154 Not used EDIFACT PAYMUL format Cross-border payments Page 6 (29)

7 Swedish Bankers Association (Bankföreningen) Handelsbanken Business term Ref.no. Payment order Name PAYMUL SG Seg DE Cross-border payments B001 Payment order, date DTM 2380 YYYYMMDD B002 Requested execution date 4 DTM 2380 YYYYMMDD B016 Beneficiary s banks due date 11 DTM 2380 YYYYMMDD Only in combination with D005= 82 and YW6 1 B017 Payment due date 11 DTM 2380 Not used B018 B028 C001 Reference date, exchange rate Previous payment order, date Ordering customer s customer number 5 DTM 2380 Not used 1 DTM 2380 Not used 13 NAD 3039 Not used C002 Ordering customer s name 13 NAD 3036 Not used C003 C004 C005 C006 Ordering customer s box/street address Ordering customer s postcode Ordering customer s postal address Ordering customer s country code 13 NAD 3042 Not used 13 NAD 3251 Not used 13 NAD 3164 Not used 13 NAD 3207 Not used C008 Debit account 6 FII 3194 Account to be debited See country specific information C016 Debit account holder s identification 6 FII 3192 Debit account holder s customer no. = Business organisation/shb number C017 Payor s name 13 NAD 3036 Not used C018 Payor s street address 13 NAD 3042 Not used C019 Payor s postcode 13 NAD 3251 Not used C020 Payor s postal address 13 NAD 3164 Not used C021 Payor s country code 13 NAD 3207 Not used C022 C027 C028 Payor s province/country/state Debit account servicing financial institution, institution branch number Debit account servicing financial institution, BIC 13 NAD 3229 Not used 6 FII 3434 Not used 6 FII 3433 BIC of the bank servicing the customers debit account, e.g. HANDDKKK Optional if Debit account is stated as an IBAN 1 The value date may not be more than seven days into the future from the date when the file is sent to the bank. EDIFACT PAYMUL format Cross-border payments Page 7 (29)

8 Swedish Bankers Association (Bankföreningen) Handelsbanken Business term Ref.no. Payment order Name PAYMUL SG Seg DE Cross-border payments C031 Intermediary bank, BIC 12 FII 3433 Covering bank C034 Beneficiary s identification 13 NAD 3039 Not used Handelsbanken: Only in combination with D005 = YW6 and 82 Other banks: Used according to agreement C035 Beneficiary s name 13 NAD 3036 Beneficiary s name, mandatory C036 Beneficiary s box/street address 13 NAD 3042 Beneficiary s street address C037 Beneficiary s postcode 13 NAD 3251 Beneficiary s postcode C038 Beneficiary s postal address 13 NAD 3164 Beneficiary s postal address, mandatory C039 Beneficiary s country code 13 NAD 3207 Beneficiary country code, ISO standard C040 Credit account 12 FII 3194 Beneficiary s account number IBAN must be used for payments in euro to EU, EEA and Switzerland but is recommended to all countries that adopted IBAN as a standard. C043 Beneficiary s contact person or department 13 CTA 3412 Not used C044 Beneficiary s telephone no. 13 COM 3148 Not used C045 Beneficiary s telefax number 13 COM 3148 Not used C046 Beneficiary s telex number 13 COM 3148 Not used C047 Beneficiary s address 13 COM 3148 Not used C048 C049 C050 C050 C051 C051 Beneficiary s institution branch number Beneficiary s financial institution, BIC Charge account, account number Charge account, account number Charge account, institution branch number Charge account, institution branch number 12 FII 3434 Not used 12 FII 3433 Not used 4 FCA 3194 Not used 11 FCA 3194 Not used 4 FCA 3434 Not used 11 FCA 3434 Not used C052 Party enacting advice 1 14 INP 3301 Not used C053 Recipient of advice 1 14 INP 3285 Not used C054 Advice method 1, code 14 INP 4401 Not used C055 Party enacting advice 2, code 14 INP 3301 Not used EDIFACT PAYMUL format Cross-border payments Page 8 (29)

9 Swedish Bankers Association (Bankföreningen) Handelsbanken Business term Ref.no. Payment order Name PAYMUL SG Seg DE Cross-border payments C056 Recipient of advice 2 14 INP 3285 Not used C057 Advice method 2, code 14 INP 4401 Not used C058 Payee s identification 13 NAD 3039 Not used C059 Order sender, identification 3 NAD 3039 If a Business organisation number or SHB number is stated, this will be displayed as the Instructing party in Handelsbanken online corporate banking service. C060 Order recipient, identification 2 FII 3433 Not used C066 C067 C068 C069 Credit account servicing financial institution, institution branch number Credit account servicing financial institution, BIC Account servicing financial institution, name Account servicing financial institution, town 12 FII 3434 Beneficiary bank identification, National bank ID. See country specific information 12 FII 3433 Beneficary bank identification, BIC address 12 FII 3432 Not used 12 FII 3436 Not used C070 Payee s name 13 NAD 3036 Not used C071 Payee s box/street address 13 NAD 3042 Not used C072 Payee s postcode 13 NAD 3251 Not used C073 Payee s postal address 13 NAD 3251 Not used C074 Payee s country code 13 NAD 3207 Not used C075 Payee s province/country/state C080 Party enacting advice 3, code 13 NAD 3229 Not used 14 INP 3301 Not used C081 Recipient of advice 3, code 14 INP 3285 Not used C082 Advice method 3, code 14 INP 4401 Not used C083 C085 C086 C087 C089 Beneficiary s province/country/state Advice information 1, free text Advice information 2, free text Advice information 3, free text Ordering customer s province/country/state 13 NAD 3229 Not used 14 FTX 4440 Not used 14 FTX 4440 Not used 14 FTX 4440 Not used 13 NAD 3229 Not used Optional if Beneficiary s account number is stated as an IBAN. See country specific information EDIFACT PAYMUL format Cross-border payments Page 9 (29)

10 Swedish Bankers Association (Bankföreningen) Handelsbanken Business term Ref.no. Payment order Name PAYMUL SG Seg DE Cross-border payments C107 C107 Institution branch number type, code Institution branch number type, code 6 FII 1131 Not used 12 FII = clearing code AU, CA, CH, CN, HK, RU, US C108 C108 C122 C134 D001 Institution branch number type, code list responsible agency Institution branch number type, code list responsible agency Account servicing financial institution, country Ordering customer s financial institution, country Geographic environment, code 6 FII 3055 Not used Used if C066 Credit account servicing financial institution, institution branch number is stated in FII 3434 SG12 12 FII = US, American Bankers Association 170 = CA, Canadian Payment Association 178 = AU, Standard Association of Australia HK = Hong Kong RU = Russia 12 FII 3207 Country code of financial institution servicing beneficiary s account, ISO standard 6 FII 3207 Country code of ordering customer s financial institution, ISO standard 4 BUS 3279 IN = International D002 Payment type, code 4 BUS 4487 Not used D003 Intra-group payment, code 4 BUS 4463 Not used D004 Contract number 5 RFF 1154 Contract number Used when the debited amount is settled against a forward contract, for accounts in Handelsbanken DE, DK, FI, FR, GB, HK, LV, NL, NO, PL, SG and US. Used in combination with E015 CUX SG5 Other banks, according to agreement EDIFACT PAYMUL format Cross-border payments Page 10 (29)

11 Swedish Bankers Association (Bankföreningen) Handelsbanken Business term Ref.no. Payment order Name PAYMUL SG Seg DE Cross-border payments D005 Payment terms, code 11 PAI = normal payment 81 = express payment (Not used for debit accounts in Handelsbanken CN, HK, SG, US and GB. Not applicable for debit accounts in Handelsbanken SE for EUR payments within the EU/EEA or for SEK payments within Sweden) 82 = intra-group transfer (not allowed for debit accounts in Handelsbanken CN) 84 = economy payment, only for debit accounts in Handelsbanken DK YW6 = financial payment D006 Payment method, code 11 PAI 4461 Not used D007 Charge allocation, code 11 FCA = The beneficiary pays all the fees (BEN) 14 = Each party pays its fees (SHA), this is the normal case 15 = Ordering party pays all fees (OUR) D008 D020 Payment code Currency register code Central bank code Underlying business type, code Exception: Cross-border payments from Handelsbanken USA will always be treated as OUR Exception2: For payments within EU/EES only SHA can be used, see chapter 3.5 D007 must not be used simultaneously with D024 Generic charges allocation code FCA, SG4 See country-specific information and RCS = Code for the Swedish Central bank, Sveriges Riksbank Entered when reporting will be done, regardless of where the debit account is located 4 BUS 4025 Not used D021 Payment channel, code 11 PAI 4435 Not used Additional information is only used in Norway. A total of 17 characters can be entered. Used according to the rules of the Central bank or similar where the debit account is held. See country-specific information EDIFACT PAYMUL format Cross-border payments Page 11 (29)

12 Swedish Bankers Association (Bankföreningen) Handelsbanken Business term Ref.no. Payment order Name PAYMUL SG Seg DE Cross-border payments D022 D024 Payment reference, contents and format Generic charges allocation, code 16 PRC = Payment reference only in structured form (DOC) 11 = Payment reference only in unstructured form (FTX) 4 FCA = The beneficiary pays all the fees (BEN) 14 = Each party pays its fees (SHA), this is the normal case 15 = Ordering party pays all fees (OUR) E001 Payment amount 11 MOA 5004 Payment amount Exception: Cross-border payments from Handelsbanken USA will always be treated as OUR Exception2: For payments within EU/EES only SHA can be used, see chapter 3.5 D024 must not be used simultaneously with D007 Generic charges allocation code FCA, SG11 See country-specific information and 3.5 E002 Payment currency 5 MOA 6345 Payment currency code, ISO standard E002 Payment currency 11 MOA 6345 Payment currency code, ISO standard E011 E011 Currency of equivalent amount Currency of equivalent amount 5 MOA 6345 Not used 11 MOA 6345 Not used E015 Exchange rate 5 CUX 5402 Rate for forward contract Used only in combination with D004 RFF SG5 E047 E048 Total amount in payment currency Total amount as equivalent amount 5 MOA 5004 Total of all E001 Payment amount MOA 5004 SG11 5 MOA 5004 Not used E049 Account currency 4 FCA 6345 Not used E049 Account currency 6 FII 6345 Debit account currency code, ISO standard E049 Account currency 11 FCA 6345 Not used E049 Account currency 12 FII 6345 Not used E050 Debit currency 5 CUX 6345 Not used E051 Credit currency 5 CUX 6345 Not used E052 Exchange rate, base 5 CUX 6348 Not used EDIFACT PAYMUL format Cross-border payments Page 12 (29)

13 Swedish Bankers Association (Bankföreningen) Handelsbanken Business term Ref.no. Payment order Name PAYMUL SG Seg DE Cross-border payments E054 Payment amount as equivalent amount 11 MOA 5004 Not used F001 Control amount 23 MOA 5004 Total of all F007 Document amount MOA 5004 SG 17 F003 Document number 17 DOC 1004 Reference or invoice number F004 Document type 17 DOC = Invoice F005 Document date 17 DTM 2380 Not used F006 Document date, format 17 DTM 2379 Not used F007 Document amount 17 MOA 5004 Invoice amount See country specific information F008 Document currency 17 MOA 6345 Currency for invoice amount, ISO standard F009 Amount type, code 17 MOA = Invoice amount F010 Other reference number 17 RFF 1154 Any additional reference F010 Other reference number 19 FTX 4440 Not used F011 Type of reference number 17 RFF 1153 ABO = Ordering customer s reference ACD = Additional reference F011 Type of reference number 19 FTX 4441 Not used F012 F012 Reference information, free text Reference information, free text 10 FTX 4440 Not used 16 FTX 4440 Unstructured reference/message to the beneficiary Max 4 X 35 characters/payment F013 Text, language 10 FTX 3453 Not used F013 Text, language 14 FTX 3453 Not used F013 Text, language 16 FTX 3453 Not used See country specific information EDIFACT PAYMUL format Cross-border payments Page 13 (29)

14 3 Country specific information for Cross-border payments Implementation guide 3.1 Debit Account and Debit account servicing institution DEBIT ACCOUNT SERVICING INSTITUTION - HANDELSBANKEN Country Country code BIC IBAN International Bank Account number China CN HANDCNSH Not available 10 characters BBAN Traditional Account number Denmark DK HANDDKKK 18 characters 11 digits incl clearing number Estonia EE HANDEE22 20 characters Not available Finland FI HANDFIHH 18 characters 14 digits incl clearing number France FR HANDFRPP 27 characters 23 digits Germany DE HANDDEFF 22 characters 10 digits Great Britain GB HANDGB22 22 characters 8 digits Hong Kong HK HANDHKKK Not available 10 digits Latvia LV HANDLV22 21 characters Not available Lithuania LT HANDLT2X 20 characters Not available Luxembourg LU HANDLULB 20 characters 8 digits Netherlands NL HANDNL2A 18 characters 10 digits Norway NO HANDNOKK 15 characters 11 digits incl clearing number Poland PL HANDPLPW 28 characters 26 digits Singapore SG HANDSGSG Not available 10 digits Sweden SE HANDSESS 24 characters 8 or 9 digits incl clearing number USA US HANDUS33 Not available 8 digits DEBIT ACCONT HELD IN OTHER BANKS Debit accounts held in other banks could be either an international bank account number, IBAN, or a traditional bank account number, BBAN. This must be stated according to agreement with the bank in point. EDIFACT PAYMUL format Cross-border payments Page 14 (29)

15 3.2 Beneficiary account and Beneficiary s bank BENEFICIARY ACCOUNT Beneficiary account is to be identified as IBAN where available. Please note that IBAN is mandatory for payments in EUR within EU, EEA and Switzerland. In some countries IBAN cannot be used, why beneficiary account must be identified as BBAN. See for further information about how IBAN and BBAN are stated in different countries BENEFICIARY S BANK The beneficiary bank is to be identified preferably with BIC and when requested National bank ID. In some countries the beneficiary bank may not have a BIC of its own. In these cases, a National bank Id can be specified and must be entered with no spaces and start with a two letter clearing national system code, see table below. Country Length of ID Description Australia AU + 6 digits Australian Bank State Branch Code (BSB) Canada CC + 9 digits Canadian Payments Association Payment Routing China CN + 12 digits CNAPS code Hong Kong HK + 6 digits Hong Kong National Clearing Code (CHATS) Russia RU + 9 digits Russian Central Bank Identification Code South Africa SC + 6 digits Sort Code USA FW + 9 digits ABA/Fed Wire Routing Number EDIFACT PAYMUL format Cross-border payments Page 15 (29)

16 3.3 Reference/Message to the beneficiary Implementation guide Reference/message to the beneficiary can be entered either as structured reference, DOC, or as an unstructured message, FTX. Enter an invoice number, a customer number, other references or information that may be needed by the beneficiary. Exempel: SG 16 PRC + FTX Payment reference, contents and format In segment group 16, segment PRC, data element 7187 business term D022 unstructured message can be entered. PRC+11+FTX+PMD+++Invoice no 1223, customer no 789 SG 16 PRC Payment reference, contents and format SG 17 DOC Document, type and number In segment group 16, segment PRC, data element 7187 business term D022 structured reference can be entered. In segment group 17, segment DOC, data element 1001 business term F004 document type is entered, in data element 1001 business term F003 structured reference is entered. PRC+8 DOC Swedish Bankers Association (Bankföreningen) Business term F012 Handelsbanken Payment order PAYMUL Description Example Reference information, free text SG Seg DE 16 FTX 4440 Unstructured reference/message to the beneficiary Max 4 X 35 characters/payment Invoice no 738 Swedish Bankers Association (Bankföreningen) Business term Handelsbanken Payment order PAYMUL Description Example SG Seg DE F004 Document type 17 DOC = invoice 380 F003 Document number 17 DOC 1004 Reference or invoice number Invoice no 738 EDIFACT PAYMUL format Cross-border payments Page 16 (29)

17 3.3.1 MESSAGE TO BENEFICIARIES IN CHINA For payments in CNY offshore to beneficiaries in Mainland China the first line in the message to the beneficiary must contain one of the following codes: /CGODDR/ - indicating cross-border goods trade /CSTRDR/ - indicating cross-border service trade /CCTFDR/ - indicating cross-border capital transfer /CCDNDR/ - indicating charity donation /COCADR/ - indicating other current account transactions HANDELSBANKEN POLAND It is mandatory to enter a message to the beneficiary for cross-border payments from accounts in Poland. The ordering customer has to give the details of the payment. A reference must be stated, e.g. goods, consulting services, loans, interest etc. The invoice number is not sufficient information. The obligation to supply this information does not depend on the amount of payment HANDELSBANKEN SWEDEN If the reference to the beneficiary is longer than 4x35 characters, there will be a link added to the field Message to the beneficiary, together with a code. The beneficiary will have access to the reference information via this link. The remitter will receive the information in electronic documents in Handelsbanken online corporate banking service and by post HANDELSBANKEN OTHER COUNTRIES AND OTHER BANKS When the debit account is situated in another bank, Handelsbanken will forward the payment order via SWIFT, only 4x35 characters can be included per payment order. EDIFACT PAYMUL format Cross-border payments Page 17 (29)

18 3.4 Payment-/Currency register-/central bank code Implementation guide For certain payment orders, a report must be made to the central bank or similar. Handelsbanken provides instructions as how reporting of this kind is to be carried out. It is the customer's responsibility to ensure that the instructions are followed on every payment. The reporting must be according to the rules in the country where the debit account is held. Note that the code you report is the payment-/currency register-/central bank code for the country where the debit account is held. An obligation to report applies in the following countries: France Latvia Norway Sweden If payments are initiated from accounts held with other banks, reporting may apply. Please contact your local bank for further information. Example: SG 15 RCS Requirements and conditions In segment group 15, segment RCS, dataelement 7295, business term D008, Payment/Currency register/central bank code is stated. RCS :71:265' RCS+13+26RENT:71:265' Swedish Bankers Association (Bankföreningen) Handelsbanken Business term D008 Payment order PAYMUL Description Example Payment code Currency register code Central bank code SG Seg DE 15 RCS = Code for the Swedish Central bank, Sveriges Riksbank Entered when reporting will be done, regardless of where the debit account is located Additional information is only used in Luxembourg and Norway. A total of 17 characters can be entered. Used according to the rules of the Central bank or similar where the debit account is held RENT EDIFACT PAYMUL format Cross-border payments Page 18 (29)

19 3.4.1 FRANCE A central bank code must be entered for non-sepa cross-border payments exceeding a counter value in EUR stipulated by the Banque de France. A list of the most frequently used central banks codes is shown below. For more information and a complete list of payment codes, please see Code Description 150 International trading 213 Travelling expense Sea 223 Travelling expense Air 233 Travelling expense Train 240 Travelling expense Other 250 Insurance premiums 261 Royalties for licences and patents 263 IT services 293 Dividend 294 Loan interest 312 Salary and bonuses 314 Pensions 350 Telecommunications (Internet) 351 Advertising 353 Rent 380 Unilateral Transfer 420 Loan > 1 yr intra-group 428 Loan > 1 yr 520 Loan < 1 yr 526 Foreign investment LATVIA A central bank code must be entered when the payment exceeds a countervalue in EUR stipulated by the Bank of Latvia. For more information and a complete list of payment codes, please see of_external_payment_codes/$file/latbanklistextpaycod.pdf EDIFACT PAYMUL format Cross-border payments Page 19 (29)

20 3.4.3 NORWAY Each separate payment through a Norwegian bank to a beneficiary domiciled outside Norway or to a bank outside Norway (in foreign currency or Norwegian kroner) must be reported to Toll og Avgiftsdirektoratet (TOD) by the intermediary bank. A list of the currency register codes is given below. We refer to the Norwegian customs and the Norwegian currency register law for further information. As a complement to the currency register code the reason for the payment must be written in full. Code Description 14 Purchase/sale of goods 26 Rent 29 Other purchase/sale of service 31 Interest 35 Dividend 38 Other return on capital 41 Purchase/sale of real estate and activated options abroad 43 Purchase/sale of shares and units, referring to direct investment 45 Direct investment in other capital 51 Purchase/sale of shares and units, referring to portfolio investment 52 Purchase/sale of bonds and certificates, referring to portfolio investment 53 Purchase/sale of derivatives, referring to portfolio investment 71 Life assurance/pension 79 Other finance investments 81 Salary 82 Inheritance, gift etc. EDIFACT PAYMUL format Cross-border payments Page 20 (29)

21 3.4.4 SWEDEN Each individual payment via a Swedish bank to a beneficiary domiciled outside Sweden (in a foreign currency or in Swedish kronor) that exceeds a counter value stipulated by the National Tax Board (Riksskatteverket) must be reported to the tax board by the intermediary bank. A list of the most frequently used payment codes is given below. For more information and a complete list of payment codes please see and the brochure Kontrolluppgifter, ränta, utdelning m.m. (SKV 373). Code Description 101 Imports/exports of goods 122 Goods that have not passed the Swedish border; purchase of goods abroad with a view to selling them. 130 Freight of goods imported to Sweden 131 Freight of goods exported from Sweden 173 Storage, shipping, transit, port, and terminal costs, etc. 223 Other travel expenses (expenditure for hotels, courses, conferences, etc.) 331 Fees and commission on bank-, broker and management services etc. 410 Computing services (hardware and software consultancy and implementation, data processing, etc.) 423 Royalties and licence fees for the use of proprietary rights. 440 Advertising, market research and public opinion polls 442 Architectural, engineering and other technical services 462 Other services 473 Commission related to the intermediation of goods 560 Other transfers (damages, alimony, membership, fees, and gifts incl. taxes, etc.) 601 In Sweden (foreign owner). Loan to/from foreign owner. 603 Outside Sweden (Swedish owner). Loan to/from foreign subsidiary/group company. 683 Loan to party outside Sweden (asset). Loan to party outside Sweden/amortisation of loan to party outside Sweden. 793 Other capital transactions. 3.5 Charges allocation within EU/EEA According to National implementation of the PSD2 regulation (Payment Service Directive), it is from the beginning of January 2018 no longer be possible to use OUR/BEN for cost sharing in cross border payments within EU/EEA, regardless of currency with or without exchange. The generic charge allocation code in segment group 4, segment FCA, dataelement 4471, business term D024 or the generic charge allocation code in segment group 11, segment FCA, dataelement 4471, business term D007 should then be set to 14 (=SHA). The adoption of the PSD2 regulation in local law will be made at different dates in the European countries during 2018, please contact your local branch for more information. If the debit account of the cross border payment is in a country where PSD2 has entered into force, only the cost sharing SHA is allowed. For file transfers, Handelsbanken will automatically convert the cost sharing to SHA if OUR/BEN has been used, in accordance to the regulation. EDIFACT PAYMUL format Cross-border payments Page 21 (29)

22 3.6 Payments in CNY offshore to Mainland China Implementation guide For payments in CNY offshore to Mainland China, National bank Id together with BIC is mandatory. EDIFACT PAYMUL format Cross-border payments Page 22 (29)

23 4 File examples 4.1 China Normal cross-border payment from China to Sweden. UNH+0603+PAYMUL:D:96A:UN:SF4611' BGM ' DTM+137: :102' LIN+1' DTM+203: :102' RFF+AEK: ' BUS++IN' MOA+9:200000:CNY' FII+OR : ::CNY+HANDCNSH:25:5+CN SEQ++1' MOA+9:200000:CNY' RFF+CR: ' PAI+80 FCA+14 FII+BF+SE HANDSESS:25:5+SE' NAD+BE+++SVENSK FABRIK AB+SVENSKGATAN 2+YSTAD SE' GIS+10'RCS :71:265' PRC+8' DOC ' MOA+77:200000:CNY' GIS+37' MOA+128:200000' CNT+2:1 UNT EDIFACT PAYMUL format Cross-border payments Page 23 (29)

24 4.2 Denmark Normal cross-border payment from Denmark to Sweden. UNH+0603+PAYMUL:D:96A:UN:SF4611' BGM ' DTM+137: :102' LIN+1' DTM+203: :102' RFF+AEK: ' BUS++IN' MOA+9:3425:DKK' FII+OR+DK : ::DKK+HANDDKKK:25:5+DK SEQ++1' MOA+9:3425:DKK' RFF+CR: ' PAI+80 FCA+14 FII+BF+SE HANDSESS:25:5+SE' NAD+BE+++SVENSK FABRIK AB+SVENSKA VÄGEN 2+ARLÖV SE' GIS+10' RCS :71:265' PRC+8' DOC ' MOA+77:3425:DKK' GIS+37' MOA+128:3425' CNT+2:1 UNT EDIFACT PAYMUL format Cross-border payments Page 24 (29)

25 4.3 Estonia Normal cross-border payment from Estonia to Sweden. UNH+0603+PAYMUL:D:96A:UN:SF4611' BGM ' DTM+137: :102' LIN+1' DTM+203: :102' RFF+AEK: ' BUS++IN' MOA+9:200000:EUR' FII+OR+ EE : ::EUR+HANDEE22:25:5+EE SEQ++1' MOA+9:200000:EUR' RFF+CR: ' PAI+80 FCA+14 FII+BF+SE HANDSESS:25:5+SE' NAD+BE+++SVENSK FABRIK AB+SVENSKGATAN 2+YSTAD SE' GIS+10' RCS :71:265' PRC+8' DOC ' MOA+77:200000:EUR' GIS+37' MOA+128:200000' CNT+2:1 UNT EDIFACT PAYMUL format Cross-border payments Page 25 (29)

26 4.4 Latvia Normal cross-border payment from Latvia to Sweden UNH+0603+PAYMUL:D:96A:UN:SF4611' BGM ' DTM+137: :102' LIN+1' DTM+203: :102' RFF+AEK: ' BUS++IN' MOA+9:2000:EUR' FII+OR+ LV44HAND : ::EUR+HANDLV22:25:5+LV SEQ++1' MOA+9:2000:EUR' RFF+CR: ' PAI+80 FCA+14 FII+BF+SE HANDSESS:25:5+SE' NAD+BE+++SVENSK FABRIK AB+SVENSKGATAN 2+YSTAD SE' GIS+10' RCS :71:265' PRC+8' DOC ' MOA+77:2000:EUR' GIS+37' MOA+128:2000' CNT+2:1 UNT EDIFACT PAYMUL format Cross-border payments Page 26 (29)

27 4.5 Lithuania Normal cross-border payment from Lithuania to Sweden UNH+MESS1+PAYMUL:D:96A:UN:SF4611' BGM ' DTM+137: :102' LIN+1' DTM+203: :102' RFF+AEK: ' BUS++IN' MOA+9:3:EUR' FII+OR+LT : ::EUR+HANDLT2X:25:5+LT' SEQ++1' MOA+9:3:EUR' RFF+CR: ' PAI+80' FCA+14' FII+BF+DK DABADKKK:25:5+DK' NAD+BE+++DANSK FABRIK A/S+DANSK VEJ 2+SOROE DK' GIS+10' RCS :71:265' PRC+11' FTX+PMD+++invoice ' GIS+37' CNT+2:1' UNT+23+MESS1' EDIFACT PAYMUL format Cross-border payments Page 27 (29)

28 4.6 Poland Normal cross-border payment from Poland to Sweden. UNH+0603+PAYMUL:D:96A:UN:SF4611' BGM ' DTM+137: :102' LIN+1' DTM+203: :102' RFF+AEK: ' BUS++IN' MOA+9:3425:EUR' FII+OR+ PL : ::EUR+HANDPLPW:25:5+PL SEQ++1' MOA+9:3425:EUR' RFF+CR: ' PAI+80 FCA+14 FII+BF+SE HANDSESS:25:5+SE' NAD+BE+++SVENSK FABRIK AB+SVENSKA VÄGEN 2+ARLÖV SE' GIS+10' RCS :71:265' PRC+8' DOC ' MOA+77:3425:EUR' GIS+37' MOA+128:3425' CNT+2:1 UNT EDIFACT PAYMUL format Cross-border payments Page 28 (29)

29 4.7 Sweden Normal cross-border payment from Sweden to Denmark. No reporting will be made to the central bank. UNH+0603+PAYMUL:D:96A:UN:SF4611' BGM ' DTM+137: :102' LIN+1' DTM+203: :102' RFF+AEK: ' BUS++IN' MOA+9:3425:DKK' FII+OR+SE : ::DKK+HANDSESS:25:5+SE' SEQ++1' MOA+9:3425:DKK' RFF+CR: ' PAI+80 FCA+14 FII+BF+DK DABADKKK:25:5' NAD+BE+++DANSK FABRIK A/S+DANSK VEJ 2+SOROE DK' GIS+10' RCS :71:265' PRC+11' FTX+PMD+++invoice ' GIS+37' CNT+2:1 UNT EDIFACT PAYMUL format Cross-border payments Page 29 (29)