12.2.9 MT420 (Payment Fate Tracer)
MSG TYPE: PAYMNTFATE_TPFT; Event TRES for Export Collection Bill – Sight & Usance.
Generated: When Payment is not received by the remitting bank from collecting bank.
Table 12-10 MT420 - Payment Fate Tracer
| Field | Description | M/O | FCC Y/N | Field Name in Oracle Banking Trade Finance | Remarks |
|---|---|---|---|---|---|
| 20 | Sending Bank’s TRN | M | Y | User Reference Contract Reference Number Our Letter of Credit Reference | User Reference Number, if the flag at the branch parameter = “Y” (bctms_branch_parameters. use_userref_in_msgs) else Contract_Ref_no OR our lc ref, If at the contract level the “use lc ref no.in msg “(tms_contract_master.USE _LCREF_IN_MSG) is checked then our_lc_Ref is used |
| 21 | Related Reference | M | Y | Their Letter of Credit Reference Reference (Parties tab) | if use_lcref_in_msg = 'Y' then their_lc_ref else Party Reference of Receiver.Their LC ref from contract main screen and party ref from parties tab |
| 32a | Amount Collected | M | Y | Maturity Date (for 32A) or Tenor Days (for 32 K) Bill Currency Bill Amount | 32B if maturity date is not given or else 32A with maturity date else 32K with tenor days |
| 30 | Date of Collection Instruction | O | Y | Covering Letter Date | As entered under ship/docs tab under Covering letter date |
| 59 | Drawee | O | Y | Party Name Address1 to 4 | for party_- type= DRAWEE |
| 72 | Sender to Receiver Information | O | Y | Free Format Text where fft_code = SND2RECMT420 | FFT are populated where fft_code = SND2RECMT420 |
Parent topic: Details of SWIFT Messages for Bills and Collections