SED U025 – Reimbursement Receipt / Closing Notification

SED U025 is used by the Case Owner to confirm the receipt of the reimbursed amount and indicates whether the reimbursement request is thereby closed.

For every SED U024 – Reimbursement payment notification, a reply SED U025 has to follow, stating the reimbursement request identification, the amount received and date of payment receipt and an indication of whether the Reimbursement request is to be closed. When the Reimbursement request cannot be closed, the Case Owner should inform the Counterparty of the reason for not closing the request.

The Reimbursement procedure remains open in case there are still some further individual claims pending to be paid, the payment is not sufficient for settlement of the individual claims contained in the last SED U024, there is still outstanding unsettled amount in respect of the previous SEDs U024(s) or for some other reason which needs to be specified.

In order to see the content and explanatory notes of the SED U025 please click here.