A Multiple Debit Advice message is sent by an Account Servicing Financial Institution to the Account Owner or to a third party, which has agreed bilaterally in advance, that its account(s) has been or will be debited for specified amount(s) on the date(s) indicated, in settlement of the referenced business transaction(s).

A Multiple Debit Advice message may cover the financial settlement of one or more commercial trade transactions, such as invoices, credit notes, debit notes, etc.

Several debit accounts, value dates, entry dates and currencies may be specified.

This section should be read in conjunction with the Branching Diagram and the Segment Table which indicate mandatory, conditional and repeating requirements.

The following semantic principles which apply to the message are intended to facilitate a better understanding of the message:

The Multiple Debit Advice message is structured in three levels, A, B, and C.

The structure of the message is designed to allow several B levels, each B level being followed by its related C levels.

The multiple debit advice message may be used by an ordering party's bank to transmit single, extended, or multiple debit advices to an ordering customer.

A debit advice is a message from a bank to its customer providing notification that funds have been debited from its account(s) and identifying the party receiving the associated credit.

A simple debit advice always relates to one debit from one ordering party's account in favour of one beneficiary. To use the DEBMUL message as a simple debit advice the following data must be provided;

An extended debit advice always relates to many debits from one ordering party's account in favour of one beneficiary. To use the DEBMUL message as an extended debit advice the following data must be provided;

A multiple debit advice always relates to many debits from one ordering party's account in favour of one (or many) beneficiary(ies). The complete structure of the DEBMUL message may be transmitted in order to provide multiple debit advices.