Hi community,
I have a technical question regarding Beneficiary Name tag (<CdtTrfTxInf> <Cdtr> <Nm>). In BACS payments, the Beneficiary Name field is 18 characters. However, supplier name is longer than this. Has anyone managed to reduce IFS supplier name to 18 characters?
Please see Beneficiary Name field in below link.
Commercial Banking Online Support Centre (lloydsbank.com)
Thanks
Furkan