Settle a Payment Undertaking

Transaction PUTSET

This transaction is used to settle the payment undertaking. The amount is debited from the buyer's account and credited to the seller's account. Any pending commissions and fees are also settled. Advice of Payment is sent both to the debit party (buyer) and the credit party (seller).

Partial settlement is not allowed for a payment undertaking.

Requirements

An existing Payment Undertaking which is opened and not closed.
For incoming allNETT / RIVO messages see Overview of Incoming messages - allNETT / RIVO.

Transaction Control

Fees

Commissions

Results of this Transaction

Diaries

For more information see TRNDIA Diaries.

Updating/Storing of Amounts (CBS)

Liability (LIA)

Outgoing Correspondence

Details on creation of messages can be found under DOCEOT Messages. For outgoing allNETT / RIVO messages see Overview of Outgoing messages - allNETT / RIVO.

Name of Message	Receiver	Message ID	Comment
Advice of Payment (Credit Party)	Seller's Bank/Seller	PUTSEL1
Advice to Debit Party	Buyer	PUTBUY1

Release

Signature required

Transaction Panels

Settle Payment Undertaking

Datafields

Datafield	Description
Currency	cf Appendix A, Table CBB field CUR
Maximum Amount	cf Appendix A, Table CBB field AMT
Currency	cf Appendix A, Table CBB field CUR
Open Amount	cf Appendix A, Table CBB field AMT
Opening Date	cf Appendix A, Table PUD field OPNDAT
Document Set Status	cf Appendix A, Table PUD field DOCSTA
Name	cf Appendix A, Table PTS field NAM
Reference for Address (Optional)	cf Appendix A, Table PTS field REF
Name	cf Appendix A, Table PTS field NAM
Reference for Address (Optional)	cf Appendix A, Table PTS field REF
Name	cf Appendix A, Table PTS field NAM
Reference for Address (Optional)	cf Appendix A, Table PTS field REF
Close Contract	Checking this box closes the current contract.
Document Amount to be settled	The document is reduced by the reduction amount.

Financing Details

Datafields

Datafield	Description
Own Reference	cf Appendix A, Table TRD field OWNREF
Parent Reference	cf Appendix A, Table TRD field PNTREF
Responsible User	cf Appendix A, Table TRD field OWNUSR
Date Issued	cf Appendix A, Table TRD field ISSDAT
Type of Financing	cf Appendix A, Table TRD field FINTYP
Special type of financing	cf Appendix A, Table TRD field FINSUBTYP
Type of risk	cf Appendix A, Table TRD field FINRSKTYP
Recourse Flag	cf Appendix A, Table TRD field FINRECFLG
% Financed	cf Appendix A, Table TRD field PCTFIN
Currency	cf Appendix A, Table CBB field CUR
Maximum Finance Amount	cf Appendix A, Table CBB field AMT
Start Date Tenor	cf Appendix A, Table TRD field STTTENDAT
Maturity Date	cf Appendix A, Table TRD field MATDAT
Financing period	cf Appendix A, Table TRD field INTDAY
Roll-Over Financing	cf Appendix A, Table TRD field ROLOVRFLG
Base Rate	cf Appendix A, Table TRD field IRTCOD
Cash Base	cf Appendix A, Table TRD field CSHRAT
Liquidity costs	cf Appendix A, Table TRD field LQDRAT
Our margin	cf Appendix A, Table TRD field OWNRAT
Fixed price for total maturity	Alternative fixed amount for the total term to maturity. (instead of an interest rate for 'Our margin')
Total interest rate	Sum of interest costs + liquidity costs + our margin The total interest rate used to calculate the commission.
Interest Start Date	cf Appendix A, Table TRD field BEGINTDAT
Interest Due Date	cf Appendix A, Table TRD field ENDINTDAT
Grace Days	cf Appendix A, Table TRD field GRADAY
Surcharge Applied to Interest Rate	cf Appendix A, Table TRD field INTRAT
draft serial number	cf Appendix A, Table TRD field DRWVOCNUM
Pay supplier	cf Appendix A, Table TRD field PAYSUPFLG
Bill/ Usance Start Date	cf Appendix A, Table TRD field BACUSADAT
Standard tenor	cf Appendix A, Table TRD field BACSTDTEN
Currency of the financed amount	cf Appendix A, Table TRD field FINCUR
Financed amount (bankers acceptance)	cf Appendix A, Table TRD field FINAMT
Draw down method for ECR	cf Appendix A, Table TRD field ECRMET
Transport Document Date	cf Appendix A, Table TRD field ECRTRDDAT
External Key	cf Appendix A, Table PTS field EXTKEY
Address Block	cf Appendix A, Table PTS field ADRBLK
Reference for Address (Optional)	cf Appendix A, Table PTS field REF
Information Finance Party	cf Appendix A, Table TRT field INFPTY
Goods Code (for Statistics)	cf Appendix A, Table TRD field STAGOD
Provide Shipment Details	cf Appendix A, Table TRD field SHPFLG
External Key	cf Appendix A, Table PTS field EXTKEY
Address Block	cf Appendix A, Table PTS field ADRBLK
Reference for Address (Optional)	cf Appendix A, Table PTS field REF
External Key	cf Appendix A, Table PTS field EXTKEY
Address Block	cf Appendix A, Table PTS field ADRBLK
Reference for Address (Optional)	cf Appendix A, Table PTS field REF

Parties

Datafields

Datafield	Description
External Key	cf Appendix A, Table PTS field EXTKEY
Address Block	cf Appendix A, Table PTS field ADRBLK
External Key	cf Appendix A, Table PTS field EXTKEY
Address Block	cf Appendix A, Table PTS field ADRBLK
External Key	cf Appendix A, Table PTS field EXTKEY
Address Block	cf Appendix A, Table PTS field ADRBLK

Compliance

Interest Details

Datafields

Datafield	Description
Roll-Over Financing	cf Appendix A, Table TRD field ROLOVRFLG
Cash Base	cf Appendix A, Table TRD field CSHRAT
Liquidity costs	cf Appendix A, Table TRD field LQDRAT
Our margin	cf Appendix A, Table TRD field OWNRAT
Pastdue Margin	cf Appendix A, Table TRD field PDURAT
Interest Start Date	cf Appendix A, Table TRD field BEGINTDAT
Interest Due Date	cf Appendix A, Table TRD field ENDINTDAT
Grace Days	cf Appendix A, Table TRD field GRADAY
Pastdue Margin	cf Appendix A, Table TRD field PDURAT
Pastdue Total Interest rate	Sum of ('Cash Base' + 'Liquidity Cost' + 'Past Due Margin'). The Total Interest rate used to calculate Past due commission.

DTAG Fields

Shipment Details

Datafields

Datafield	Description
Shipment from	cf Appendix A, Table TRD field SHPFRO
Port of Loading	cf Appendix A, Table TRD field PORLOA
Port of Discharge	cf Appendix A, Table TRD field PORDIS
For Transportation to	cf Appendix A, Table TRD field SHPTO
Transport Document Type	cf Appendix A, Table TRD field TRPDOCTYP
Transport Document Number	cf Appendix A, Table TRD field TRPDOCNUM
Date of Transport Document	cf Appendix A, Table TRD field TRADAT
Mode of Transport	cf Appendix A, Table TRD field TRAMOD
Vessel Name	cf Appendix A, Table TRT field VESNAM
Identification of Goods	cf Appendix A, Table TRT field ROGGOD
Incoterm Version	cf Appendix A, Table TRD field INCTRMVER
Incoterm Code	cf Appendix A, Table TRD field INCTRMCOD

Documentation - DOKA-NG (Functional availability is per selected plan)

Table of Contents

Settle a Payment Undertaking

Transaction PUTSET

Requirements