VRBL: Payment Means

Payment means are used to pay for the goods or services specified in the invoices or in refunds specified in credit notes.

You use the PaymentMeans element to specify the payment details. You can specify information such as:

  • The types of payment
  • The ID of the payment
  • The details of the Payee's financial institution

Elements

PaymentMeans elements

ElementCardinalityDescription
Payment Instructions Group (Invoice/PaymentMeans)0..nGroup of elements that models information about how the payment was made.
Payment Means Type Code (Invoice/PaymentMeans/PaymentMeansCode)1..1The code that represents the payment method. See UNCL4461 . This can be named in an attribute, for example: <cbc:PaymentMeansCode name="Credit transfer">30</cbc:PaymentMeansCode>
Payment Means Type Code (Invoice/PaymentMeans/PaymentMeansCode @name)0..1The means, expressed as name.
Payment Instruction ID (Invoice/PaymentMeans/PaymentID)0..1The identifier of the payment.
Credit Transfer
Credit Transfer Group (Invoice/PaymentMeans/PayeeFinancialAccount)0..1A group of elements to specify credit transfer payments.
Payment Account Identifier (Invoice/PaymentMeans/PayeeFinancialAccount/ID)1..1The identifier of the Payee's bank account.
Payment Account Name (Invoice/PaymentMeans/PayeeFinancialAccount/Name)0..1The name of the Payee's bank account.
Financial Institution Branch (Invoice/PaymentMeans/PayeeFinancialAccount/Name/ FinancialInstitutionBranch/)0..1
Financial Institution Branch (Invoice/PaymentMeans/PayeeFinancialAccount/Name/ FinancialInstitutionBranch/ID)1..1The identifier for the Payee's bank or other financial institution.
Card Payment
Payment Card Information Group (Invoice/PaymentMeans/CardAccount)0..1Groups information about a card payment.
Payment Card Primary Account Number (Invoice/PaymentMeans/CardAccount/PrimaryAccountNumberID)0..1The Primary Account Number (PAN) of the card used for payment.
Network ID (Invoice/PaymentMeans/CardAccount/NetworkID)0..1Used to identify the financial service network provider of the card.
Payment Card Holder Name (Invoice/PaymentMeans/CardAccount/HolderName)0..1The name of the payment card holder.
Direct Debit
Direct Debit Group (Invoice/PaymentMeans/PaymentMandate/)0..1Groups information about a direct debit.
Mandate Reference Identifier (Invoice/PaymentMeans/PaymentMandate/ID)0..1Unique identifier assigned by the Payee for referencing the direct debit mandate.
Payer Financial Account Group (Invoice/PaymentMeans/PaymentMandate/PayerFinancialAccount)0..1Groups information about the Payer's financial account.
Debited account identifier (Invoice/PaymentMeans/PaymentMandate/PayerFinancialAccount/ID)1..1The account to be debited by the direct debit.

PaymentTerms element

In addition, you can use the PaymentTerms element to specify the payment terms. More detail is provided in the Payment Terms topic.

Standard Values

The following standard values can be used to specify the payment means:

Country-Specific configurations

Country-specific variations are explained in the following topics:

Examples

Credit Transfer

<Invoice>
    <!-- code omitted for clarity -->
    <cac:PaymentMeans>
        <cbc:PaymentMeansCode name="Credit transfer">30</cbc:PaymentMeansCode>
        <cbc:PaymentID>Snippet1</cbc:PaymentID>
        <cac:PayeeFinancialAccount>
            <cbc:ID>IBAN32423940</cbc:ID>
            <cbc:Name>AccountName</cbc:Name>
            <cac:FinancialInstitutionBranch>
                <cbc:ID>BIC324098</cbc:ID>
            </cac:FinancialInstitutionBranch>
        </cac:PayeeFinancialAccount>
    </cac:PaymentMeans>
    <!-- code omitted for clarity -->
</Invoice>

Card Payment

<Invoice>
    <!-- code omitted for clarity -->
    <cac:PaymentMeans>
        <cbc:PaymentMeansCode name="Credit card">54</cbc:PaymentMeansCode>
        <cbc:PaymentID>9387439</cbc:PaymentID>
        <cac:CardAccount>
            <cbc:PrimaryAccountNumberID>123236</cbc:PrimaryAccountNumberID>
            <cbc:NetworkID>VISA</cbc:NetworkID>
            <cbc:HolderName>Card holders name</cbc:HolderName>
        </cac:CardAccount>
    </cac:PaymentMeans>
    <!-- code omitted for clarity -->
</Invoice>

Direct Debit

<Invoice>
    <!-- code omitted for clarity -->
    <cac:PaymentMeans>
        <cbc:PaymentMeansCode>59</cbc:PaymentMeansCode>
        <cac:PaymentMandate>
            <!-- Mandate reference identifier -->    
              <cbc:ID>XY746351</cbc:ID>
              <cac:PayerFinancialAccount>
                    <cbc:ID>DE75512108001245126199</cbc:ID>
              </cac:PayerFinancialAccount>
        </cac:PaymentMandate>
    </cac:PaymentMeans>
    <!-- code omitted for clarity -->
</Invoice>