Do ISO20022 payment files ( ACH/Wire) even need payment documents?
We have a few PPPs as we have specific payment format validations as it pertains to how payment approvals are received. Nonetheless, would each PPP need it's own payment document? It does not appear that we are utilizing the user defined payment number as specified in payment document configuration. The ISO output is using the system generated PaymentReferenceNumber. With that said, do we even need payment documents for this scenario? Can this be left blank in the PPR? What is best practice?
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