PAYORD
UN/EDIFACT finance message, customer-to-bank payment order.
Definition
PAYORD (Payment Order message) instructs a bank to execute a payment on behalf of an ordering party. It opens with BGM, then chains FII (financial institutions), MOA (amounts) and RFF (references). Largely superseded by PAYMUL for bulk payments.
Origin
Message type from the UN/EDIFACT directory (UNTDID), published by the UN under UN/CEFACT; governed by ISO 9735 (EDIFACT syntax).
Example in context
UNH+1+PAYORD:D:96A:UN'
BGM+452+ORD001+9'
FII+OR+...'
MOA+9:1500.00:EUR'