pain00800102
Pain00800102 is an ISO 20022 message definition in the pain (Payments Initiation and Transfers) schema. It represents the FIToFICustomerDirectDebitInitiation message with version 02 and is used to initiate direct debit collections from a debtor’s bank account to a creditor’s account. The message is commonly employed in SEPA and other ISO 20022–enabled markets, where the debtor’s financial institution acts on behalf of the debtor to collect funds.
A pain.008.001.02 message consists of a header and a set of structured data blocks. The header (GrpHdr)
Usage and semantics revolve around authorizing and processing a debtor’s direct debit. The message conveys the
Implementation notes emphasize that pain.008.001.02 is part of a standardized schema; the “02” suffix denotes a
See also: ISO 20022 pain messages, SEPA Direct Debit, FIToFICustomerDirectDebitInitiation.