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Question

Capture Purpose Code

  • February 27, 2025
  • 0 replies
  • 27 views

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Hi All,

One of our UK Customer's mentioned that , Citibank have now shared the requirement (see the attachment) that is mandatory from 1 May 2025 to capture purpose codes for CHAPS payments in the UK in line with the ISO 20022 standard. Do anyone of you have any idea about whether we need to do any changes/development for APP 10 IFS Customers ..? or IFS  has issued a new correction to comply with this UK requirement. Appreciate your prompt reply.

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