New statement narratives for Australian New Payments Platform (NPP) real-time payments

If you use ERP systems or automated account reconciliation programs for your electronic statements, you may be impacted by the statement narrative updates. To ensure the ongoing operation of your automated reconciliation processes, we recommend that you review your internal systems and, if required, update them by 1 October.

This change affects statement entries in the following file formats: HSBCnet Account Information Excel exports, and Reports and Files Download BAI2 Intra-Day and End of Day, MT940, MT942, and CSV formatted reports.

1. For MT940/942

Statement narrative for new transaction types – Priority Payment (NPP real-time payment)
Change description	New Statement narratives and transaction information and codes for the new transaction type Priority Payment (NPP Real-time Payment). Note: There is no change to existing Priority Payment statements and Statement (Outward)

	Priority Payment (NPP real-time payment) – Inward	Priority Payment (NPP real-time payment) – Inward return
Recommended actions	Add new mapping to your system
Tag 61 Subfield 6-9	SWIFT Code = NTRF 6. NTRF 7. Customer Reference <16X> 8. Bank Reference <16X> 9. /PYTP/SCT CRIN	SWIFT Code = NCHG 6. NRTI 7. Customer Reference <16X> 8. Bank Reference <16X> 9. /PYTP/SCT RTN
Tag 86 Line 1-6	/ORDP/Ordering customer (140x)+ /OBK/Ordering bank name (12x)+ /VA/ VA Payer Name (optional) (24x)+ /BREF/Bank Reference (35x)+ /EREF/End to End ID (35x)+ /REMI/Remittance Details (140x)+ /TIME/HH:MM (5x) /CHGS/Charge Details (CCY and Amount) if from payment amount (CCY - 3x); Amount - 15x)	Returned Payment+ /BENM/Beneficiary Name (140x)+ /BBK/Beneficiary Bank Name (12x)+ /BREF/Bank Reference (35x)+ /EREF/End to End ID (35x)+ /REMI/Remittance Details (140x)+ /TIME/HH:MM (5x) /CHGS/Charge Details (CCY and Amount) if from payment amount (CCY - 3x); Amount - 15x)

2. For BAI2 Intraday / End of Day statements

Statement narrative for new transaction types – Priority Payment (NPP real-time payment)
Change description	New Statement narratives and transaction information and codes for the new transaction type Priority Payment (NPP real-time payment). Note: there is no change to existing Priority Payment statements and Statement (Outward)

	Priority Payment (NPP real-time payment) – Inward	Priority Payment (NPP real-time payment) – Inward charges
Record 16 Transaction detail & Record 88 continuation	BAI Code: 158 16,158,Amount,,Bank Reference, Customer Reference, Narrative (if any) 88 (multiple lines), /ORDP/Ordering customer (140x)+ /OBK/Ordering bank name (12x)+ /VA/ VA Payer Name (optional) (24x)+ /BREF/Bank Reference (35x)+ /EREF/End to End ID (35x)+ /REMI/Remittance Details (140x)+ /TIME/HH:MM (5x) /CHGS/Charge Details (CCY and Amount) if from payment amount (CCY - 3x); Amount - 15x)	BAI Code: 552 16,158,Amount,,Bank Reference, Customer Reference, Narrative (if any) 88 (multiple lines), Returned Payment+ /BENM/Beneficiary Name (140x)+ /BBK/Beneficiary Bank Name (12x)+ /BREF/Bank Reference (35x)+ /EREF/End to End ID (35x)+ /REMI/Remittance Details (140x)+ /TIME/HH:MM (5x) /CHGS/Charge Details (CCY and Amount) if from payment amount (CCY - 3x); Amount - 15x

Priority Payment (NPP real-time payment) – Inward

Priority Payment (NPP real-time payment) – Inward charges

Record 16
Transaction detail & Record 88 continuation

BAI Code: 158
16,158,Amount,,Bank Reference, Customer Reference, Narrative (if any)

88 (multiple lines), /ORDP/Ordering customer (140x)+
/OBK/Ordering bank name (12x)+
/VA/ VA Payer Name (optional) (24x)+
/BREF/Bank Reference (35x)+
/EREF/End to End ID (35x)+
/REMI/Remittance Details (140x)+
/TIME/HH:MM (5x)
/CHGS/Charge Details (CCY and Amount) if from payment amount (CCY - 3x); Amount - 15x)

BAI Code: 552
16,158,Amount,,Bank Reference, Customer Reference, Narrative (if any)

88 (multiple lines), Returned Payment+
/BENM/Beneficiary Name (140x)+
/BBK/Beneficiary Bank Name (12x)+
/BREF/Bank Reference (35x)+
/EREF/End to End ID (35x)+
/REMI/Remittance Details (140x)+
/TIME/HH:MM (5x)
/CHGS/Charge Details (CCY and Amount) if from payment amount (CCY - 3x); Amount - 15x

Legend:

/CODEWORD/ - Code words that are standard descriptions seen in the statement narratives.
<Data Fields> - Description of fields that represent variable data elements that may be displayed as part of the statement narratives.