ECB PUBLIC Questions and Answers Question: During the first few years of the operational phase of T2, can an institution willing to recall a MT payment (i.e. that was settled in TARGET2) use in the pacs.004 in the field “Original Message Identification”, the instruction identification of the original MT payment? Context: In MyStandard, in the pacs.004 message the field “Original Message Identification” should be filled with the BizMsgIdr used in the BAH of the original payment. However, this reference does not exist for these types of MT payments. Answer: The answer is YES.
The instruction identification of the original MT payment can be used in the pacs.004 in the field “Original Message Identification” instead of BizMsgIdr from the BAH of the original payment. The reasoning is that even though the field “Original Message Identification” is mandatory in RTGS, but the system will not verify the validity of the value populated on this field. 11 www.ecb.europa.eu ©