EDI PAYMUL Multiple payment order message
EDI PAYMUL Format
EDI PAYMUL Specification
A Multiple Payment order is sent by the Ordering Customer (orPayor or Agent on behalf of the Ordering Customer) to theOrdered Bank, to instruct the Ordered Bank to debit an accountit services for the Ordering Customer, and to arrange for thepayment of specified amounts to several Beneficiaries (orPayees) in settlement of the referenced businesstransaction(s).Throughout this document, the term 'Ordering Customer' refersto either an Ordering Customer, or a Payor or Agent acting(sending) on behalf of the Ordering Customer; likewise the term'Beneficiary' refers to either a Beneficiary, or a Payee orAgent acting on behalf of the Beneficiary.
Accredited Standards Committee X12. ASC X12 Standard [Table Data]. Data Interchange Standards Association, Inc., Falls Church, VA. http://www.x12.org