1. Generic Wires ISO User Guide
  2. Generic Wires ISO STP Layer
  3. STP Layer - pacs.008 Processing
  4. BIC derivation from Clearing Code

BIC derivation from Clearing Code

Clearing Code Maintenance (ISDCTMEX) is used for deriving BIC from the clearing code received in the incoming message.

The BIC Derivation is applicable for below fields:
  • Credit Transfer Transaction Information/Debtor Agent/Clearing System Code
  • Credit Transfer Transaction Information/Intermediary Agent1/Clearing System Code
  • Credit Transfer Transaction Information/Creditor Agent/Clearing System Code

Parent topic: STP Layer - pacs.008 Processing