EANCOM PART II		1997-07-01
BANSTA	- Banking Status Message	VERSION 001

1. Introduction

Status

MESSAGE TYPE	: BANSTA
REFERENCE DIRECTORY	: D.96A
EANCOM SUBSET VERSION	: 001

Definition

A Banking Status message is sent by a financial institution to its customer providing status information on financial transactions at an application level.

Principles

A Banking Status message must always refer to a specific previously sent message.

A Banking Status message may cover the response given to any previously sent message, such as a commercial or payment instruction, a request for information, etc. This message provides a means to report on errors and inconsistencies found in the original message at application level.

The Banking Status message is not intended to report on syntactical errors or to provide a nonrepudiation response.

The message may provide status information about execution on original multiinstruction messages such as the Multiple Payment Order message (PAYMUL) in a positive and/or negative way.

The banking status message is a multiple message and is structured in three levels;

Level A contains routing criteria for the banking status message.
Level B contains exact references for each message or transaction to be reported.
Level C contains status information related to a message or transaction.