AccountSwitchRequestBalanceTransferV02

The AccountSwitchRequestBalanceTransfer message is sent by the new account servicer to the account servicer which previously held the account to request the transfer of the closing balance. This may be addressed to the new account or an alternate account nominated by the new account servicer.

Message Identifier: acmt.031.001.02

Elements

Name	Type	Multiplicity	Definition
MessageIdentification	MessageIdentification1	[1..1]	Unique identification for the message.
AccountSwitchDetails	AccountSwitchDetails1	[1..1]	Contains information about the details of the account switch.
NewAccount	CashAccount39	[1..1]	Details of the new account set up with the new account servicer. Usage: If an Alternate Credit Account is not specified and the closing balance of the old account was positive then the payment of the outstanding balance should be made to this account.
NominatedAccount	CashAccount39	[0..1]	Alternate beneficiary account for a payment made from the old account servicer to the new account servicer in the case of a positive closing balance of the old bank.
BalanceTransfer	BalanceTransfer2		Information that enables the receiving bank to reconcile the payment with the request.
SupplementaryData	SupplementaryData1		Additional information that cannot be captured in the structured elements and/or any other specific block.