Financial Institution credit transfer

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Making a credit transfer between Financial Institutions via TARGET

This tutorial describes how you can make a credit transfer between Financial Institutions via the PagoNxt Payments Hub API and accompanies the header information found in the Create and answer to a cancellation request message tutorial

Request body

The request must include a JSON payload object in the request body. The JSON payload is a pacs.009 v8 ISO message with the FICdtTrf root element, and it contains the request details for submitting a payment.

In this scenario imagine an international company which has an account at Bank A, and wants to make a payment to another company, bank B. This payment will be made through the CHAPS system using a pacs.009 message. The sender bank (bank A) and the receiving bank (bank B) exchange a pacs.009 message to instruct the transfer

The following table only provides information about some especially important fields.

Message field

Description

Data type

Required/

Optional

grpHdr.msgId

Point to point reference, as assigned by the instructing party, and sent to the next party in the chain to unambiguously identify the message. Usage: The instructing party has to make sure that MessageIdentification is unique per instructed party for a pre-agreed period.

String

Required

grpHdr.CreDtTm

Date and time at which the message was created.

Date

Required

grpHdr.NbOfTxs

Number of individual transactions contained in the message.
Comment:
Number Of Transactions will always be 1.

String

Required

grpHdr.Cd

Type of address expressed as a code.
FixedValue: TGT

String

Required

CdtTrfTxInf.pmtId

Set of elements used to reference a payment instruction.

String

Required

CdtTrfTxInf.PmtTpInf

Set of elements used to further specify the type of transaction.

String

Optional

CdtTrfTxInf.IntrBkSttlmDt

Date on which the amount of money ceases to be available to the agent that owes it and when the amount of money becomes available to the agent to which it is due.

Date

Required

CdtTrfTxInf.InstgAgt

Agent that instructs the next party in the chain to carry out the (set of) instruction(s).

String

Required

CdtTrfTxInf.InstdAgt

Agent that is instructed by the previous party in the chain to carry out the (set of) instruction(s).

String

Required

CdtTrfTxInf.Dbtr

Party that owes an amount of money to the (ultimate) creditor.

String

Required

CdtTrfTxInf.DbtrAgt

Financial institution servicing an account for the debtor.

String

Required

CdtTrfTxInf.CdtrAgt

Financial institution servicing an account for the creditor.

String

Required

CdtTrfTxInf.Cdtr

Party to which an amount of money is due.

String

Required

CdtTrfTxInf.InstdAmt

Amount of money to be moved between the debtor and creditor, before deduction of charges, expressed in the currency as ordered by the initiating party.
Usage: This amount has to be transported unchanged through the transaction chain.

Numeric

Optional

Example request body:

{
  "hubMessage": {
    "messageType": "pacs_009_v08",
    "document": {
      "ficdtTrf": {
        "cdtTrfTxInf": [
          {
            "dbtrAcct": {
              "id": {
                "othr": {
                  "id": "8909988"
                }
              }
            },
            "cdtrAgtAcct": {
              "id": {
                "othr": {
                  "id": "AL771341132183868191346"
                }
              }
            },
            "instdAgt": {
              "finInstnId": {
                "bicfi": "BSCHESMMXXX"
              }
            },
            "cdtrAcct": {
              "id": {
                "othr": {
                  "id": "FR76181290001000500003833"
                }
              }
            },
            "intrmyAgt1": {
              "finInstnId": {
                "bicfi": "TSPBBEBBXXX"
              }
            },
            "pmtId": {
              "uetr": "2ead9c09-2802-4544-b996-15c679f067a5",
              "instrId": "wdSI0l3copPa6ASl",
              "endToEndId": "NOTPROVIDED"
            },
            "intrBkSttlmAmt": {
              "ccy": "EUR",
              "value": 501
            },
            "intrBkSttlmDt": "2025-07-23",
            "intrmyAgt1Acct": {
              "id": {
                "othr": {
                  "id": "8907788"
                }
              }
            },
            "sttlmPrty": "HIGH",
            "cdtr": {
              "finInstnId": {
                "nm": "Creditor name",
                "pstlAdr": {
                  "twnNm": "Beneficiary town",
                  "ctry": "ES"
                }
              }
            },
            "dbtr": {
              "finInstnId": {
                "nm": "X-WINGS E2E Inbound",
                "pstlAdr": {
                  "adrLine": [
                    "CALLE ESPARTERO 18",
                    "28012 MADRID",
                    "ES"
                  ]
                }
              }
            },
            "instgAgt": {
              "finInstnId": {
                "bicfi": "TSPBBEBBXXX"
              }
            }
          }
        ],
        "grpHdr": {
          "nbOfTxs": "1",
          "msgId": "e3663e75781335ea9f40197c64d88720",
          "sttlmInf": {
            "clrSys": {
              "cd": "TGT"
            },
            "sttlmMtd": "CLRG"
          },
          "creDtTm": "2025-07-23T11:46:08.590+02:00"
        }
      }
    },
    "client": {
      "internalId": "2002",
      "initiator": "target2-gateway"
    },
    "coreData": {
      "messageScheme": "pacs.009.001.08",
      "internalId": "2002",
      "paymentService": "lvp_international",
      "initiator": "target2-gateway",
      "paymentInstrument": "target2",
      "rootEntity": "null",
      "flow": "reception",
      "tenant": "null"
    },
    "flow": "reception"
  },
  "executionId": {
    "paymentHubId": "89c28def-3c8c-3d6c-96fe-77adf8e38388",
    "executionNumber": 0
  }
}