Besides the standard information, the beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is mandatory and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
A purpose of payment code (see Appendix IV) is required in the remittance information (field 70) when payments are above IDR 100 million and one party involved in the transaction is a non-resident. If the selected purpose code is "1011" or "2012", it is mandatory to add the invoice number and the invoice amount. This information should follow a specific formatting in order to avoid delays or rejections. The required formatting is: free text (should you need it)/purpose code//invoice number(invoiceamount)
Example with a payment related to two invoices: "70: this is free text/1011//456XYZ(100000)578ZWX(500000)"
This currency does not have any decimal places.
Eventually it is highly recommended that all IDR wire payments have the following information under Beneficiary Address with format “SKN/2*2**” where:
* BenefTypeCode value = 1/ 2/ 3 (1: Individual, 2: Corporate, 3: Government)
** BenefStatusCode value = 1/ 2 (1: Resident, 2: Non-Resident)
Examples in case of SWIFT MT103:
• Using tag 77B - must be on line 1: 77B:/BENEFRES/ID/SKN/2*2**
• Using tag 70 (payment details-free format): 70:/BENEFRES/ID/SKN/2*2**
• Using tag 72 (bank-to-bank information): 72:/ACC/BENEFRES/ID/SKN/2*2**
Note
• that incomplete instructions may result in delay and late execution.
• that ID in the above-mentioned examples, is a fixed value that stands for "Indonesia" and not for a particular identification reference.