X12J CMR REVIEW
AND DISCUSSION

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B. Display CMR Detail
C. CMR Message Board
CMR 001804 submitted on 9/25/2017
A. SUBMITTER INFORMATION:
Karen Weir
Vice President
BNY Mellon
500 Ross Street
Suite 1540980
Pittsburgh, PA 15262
USA
(412) 234-7613
karen.weir@bnymellon.com
B. REFERENCE USED:
5010 Release
C. INTENDED USE:
Transaction Set(s): 820
Segment(s): BPR
Composite Data Element(s):
Data Element(s): 591
Code Source(s):
Other:
D. BUSINESS CASE/REASON FOR CHANGE:
The Clearing House is creating a new payment network called RTP (Real Time Payments). RTPs will be electronic payments with settlement in real time, and are separate and distinct from both wires and ACH. Corporates will use the BPR04 to direct their bank to originate an RTP.
E. PROPOSED WORK:
Data Element 591
Add code RTP, "Real Time Payment"
DISCUSSION OF CMR 001804

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