SED U024 – Reimbursement Payment Notification

The SED U024 uses the Counterparty to inform the Case Owner about the refund made. This SED enables the Case Owner to identify the corresponding reimbursement request at the moment it receives the money.

For every transfer of payment a SED U024 should be completed, and sent at the same time as the institution sends the order to the bank. The Counterparty should inform the Case Owner on reimbursement request identification, the amount reimbursed and bank information, and the indication to the individual claims to which the payment relates.

In order to see the content and explanatory notes of the SED U024 please click here.