ISO 20022 Pain.008 XML Direct Debit - How and Where?

[ConfusedOne0]

Hi All,

I called several times HSBC (UK) and asked them from where could I obtain file request for doing direct debit so debited funds arrive to HSBC account.

 

 

I was asking where could I get this file so I could know which info (columns?) must exist,

which info is mandatory and which recommended or even not needed/required.

 

 

I also wanted to ask where could I upload/transfer such file to the bank since HSBC clearly has nothing like this in online banking?

 

 

Not even ONE single representative was able to help.

 

 

Everyone told me they never heard about such activity (see title of the post),

 

 

e.g. ISO20022 or excel files.

 

 

Could someone tell me step by step instructions about this please?

[dx100uk]

?????

 

 

 

 

dx

[ConfusedOne0]

what do you mean?

[dx100uk]

exactly my question to you?

 

 

what is what you are asking about?

 

 

what is...ISO 20022 Pain.008 XML Direct Debit ??

[fkofilee]

Even i dont get it... Im pretty good with these things...

[Conniff]

Ljubljana, Slovenia

 

 

What is ISO 20022?

 

ISO 20022 - Universal financial industry message scheme (which used to be also called "UNIFI") is the international standard that defines the ISO platform for the development of financial message standards.

Its business modelling approach allows users and developers to represent financial business processes and underlying transactions in a formal but syntax-independent notation. These business transaction models are the "real" business standards.

 

 

They can be converted into physical messages in the desired syntax. At the time ISO 20022 was developed, XML (eXtensible Mark-up Language) was the preferred syntax for e-communication. Therefore, the first edition of ISO 20022, published in December 2004, proposed a standardized XML-based syntax for messages. The second edition of the standard, published in May 2013, included the possibility to use ASN.1 as well. The standard was developed within the Technical Committee TC68 - Financial Services of ISO - the International Organization for Standardization.

[ConfusedOne0]

???