BOPINF |
| This message is sent by a payee to its bank on receipt of
one specified amount as a settlement of a transaction with a non-resident. The
Balance-of-Payments (BOP) compiler has to be informed of the transaction via the
payee’s bank. In some countries the receipt of an external payment has to be reported to the BOP compiler via the customer’s resident bank It is assumed that the payee is informed about the receipt by a CREADV message. As far as this message contains relevant BOP data (for instance, counterparties and the total amount) the payee - by referring in the BOPINF message to the CREADV message - may refrain from reporting this data to its bank. For reporting to the BOP compiler, the payee’s bank has to combine the CREADV message and the related BOPINF message in order to fill in the BOPCUS message. The main part of the BOPINF message concerns additional BOP information related to corresponding transactions and unknown to the payee’s bank. The message contains a main loop, which is used to accommodate the reporting of a large number of transactions without repeating identical information. Each loop contains the information related to one transaction for which a CREADV has been received and for which BOP information has been requested. |