This transaction supports multiple functions. These functions include: telling a bank to move money OR telling a bank to move money while sending remittance information.

Name: This transaction supports multiple functions. These functions include: telling a bank to move money OR telling a bank to move money while sending remittance information.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

The 820 transaction set is used for payment order/remittance advice, which can instruct a bank to move money and include remittance information.

This Transaction Supports Multiple Functions