Step 12: Ask the Sender for approval
Step 12: Ask Sender to review and confirm details
The Source PSP should now ask the Sender to review all details before confirming the payment.
The Nexus scheme has specific requirements on the minimum information that should be shown to the Sender, to ensure transparency around the costs and FX rates that will be applied to the payment. The Source PSP should display:
The Source Currency Amount – the amount that will be deducted from the Sender’s account
The Destination Currency Amount – the exact amount that will be credited to the Recipient’s amount
The fees that the Sender will be charged by the Source PSP.
Sender's payment reference
The PSP can also offer the Sender a field to add a message/reference to the payment, which will be visible to the recipient. This message can be stored in the pacs.008
element /Document/FIToFICstmrCdtTrf/CdtTrfTxInf/RmtInf/Strd/CdtrRefInf/Ref
. (The message field can alternatively be added at any other point in the flow.)
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