ValidateFin

pain.008 - CustomerDirectDebitInitiation

pain.008 (CustomerDirectDebitInitiation) is the ISO 20022 message a creditor sends to its bank to collect SEPA direct debits, either SDD Core or SDD B2B.

pain.008 - CustomerDirectDebitInitiation

pain.008 (CustomerDirectDebitInitiation) is the ISO 20022 message a creditor sends to its bank to collect SEPA direct debits, either SDD Core or SDD B2B.

Payment initiationRoot element: CstmrDrctDbtInitnISO 20022

Overview

pain.008 (CustomerDirectDebitInitiation) is the ISO 20022 message a creditor sends to its bank to collect SEPA direct debits, either SDD Core or SDD B2B.

When it is used

Used to collect recurring or one-off direct debits under a signed mandate. Requires the Creditor Scheme Identifier (ICS) and the mandate reference and signature date.

Versions & namespaces

VersionYearNamespaceValidation
pain.008.001.022009urn:iso:std:iso:20022:tech:xsd:pain.008.001.02 Official XSD
pain.008.001.082019urn:iso:std:iso:20022:tech:xsd:pain.008.001.08 Official XSD

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