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What's changing

How it's changing

New technical acknowledgements for Wage Protection System (WPS) files submitted via Host-to-Host direct send

You will start receiving L1 acknowledgements for these transactions if you are already set up to receive them for other payment types.

If you aren’t set up to receive these acknowledgements, you will be able to subscribe to them by reaching out to your relationship team.

Transaction Narrative – Wage Protection System Payroll

The narrative structure will be enriched as below.

Example of MT940 Outgoing Payroll Payment

Existing Format

:61:2607220722DR6071852,02NTRF2730000172//FT26203QCJQ7
Bulk Inter Payroll Payments – 699
:86:/OCMT/SAR6071852,02//REMI//PAYROLL//BENM/BULK WASH ACCOUNT AL-FAI SALIAH TOWER LEVEL 8 RIYADH SAUDI ARABIA

Tag 61:
• JPM Riyadh payment reference is 12 alphanumeric characters, prefixed with FT

Tag 86:
• Contains limited information sets considering the Payroll Sensitivity
• /OCMT/
• /REMI/ - Remittance information – Payroll
• /BENM/ - Contains the Branch Wash Account, Address

New Format

:61:2602020202DR232,43NTRFU424260630141629//K15NS8T26NJV
Bulk Inter Payroll Payments - 699
:86:/OCMT/SAR232.43/ORDP/0273000186 Abadilla Medicine 1104 ROAD 1403
BLOCK 814 ISA TOWN BH/FROM/CHASSARIXXX/PURP/PAYROLL

Tag 61:
• JPM Riyadh payment reference remains 12 alphanumeric characters

Tag 86:
• Will continue to have limited information set considering the Payroll Sensitivity
• /OCMT/ -
• /ORDP/ - Debtor Account Number, Name and Address
• /FROM/ - Debtor Agent Identifier
• /PURP/ - Payment Purpose -  Payroll 

Narrative Comparison
MT940, Tag 86 – Ordering of information for Outgoing Payroll Payment

Existing Format

Tag 86:
/OCMT/<InstrdAmt> + /CHGS/Ccy, Amount (if present) + /EXCH/Exchange rate (if present)
/REMI/ - Payment Details (ROC & URI tags are part of this code word for ISO payments)
/BENM/+Beneficiary Bank F/O Beneficiary defaulted to JPM Riyadh Branch

New Format

Tag 86:
/OCMT/<InstrdAmt>
/CHGS/<Charges> (if present)
/URI/<UstrdRMTINF> (if present in original transaction)
/ORDP/Account, Name, Address  (if present)
/ULTD/ Name, Address (if available)
/FROM/ Debtor Agent BIC (if available)
/PURP/<PaymentPurposeCode>
/RELID/RelatedRemittanceInformation (If present)
/SRI/<StrtdRMTINF> (if present)