Payments Clearing and Settlement
ISO 20022 Messages for the e-Mandate service in SDD Schemes In the previous article, we analyzed the messages for SDD schemes available in the SDD implementations guidelines except the ones used in the e-Mandate service. We will complete our analysis now by looking at the e-mandate service and the messages exchanges within. But before that, it is What is the purpose of the e-mandate service? The e-mandate service is ultimately about mandate management: mandate set-up and creation (initiation), mandate modification (amendment) and mandate termination (cancellation). Each party in the Four Corner Model plays a specific role in the processes related to the mandate management. And we get back again to the Four Corner Model, a essential concept in payments. The Four Corner Model for the e-mandate Service The Four Corner Model for the e-Mandate Service The processes related to the e-mandate management are described in details in the following documents (the latest versi