UETR (Unique end-to-end transaction reference) · Concepts

Roles that need it

Swift gpi (global payments innovation)Swift gpi is a service level for cross-border payments on Swift, launched in 2017, under which banks agree to credit funds on the same day where possible, show the fees deducted, pass remittance information unchanged and update a central tracker at each step. Each payment is followed end to end through its UETR.
pacs.008 (FI to FI customer credit transfer)pacs.008 is the ISO 20022 message one bank sends to another to move a customer credit transfer, carrying payer, payee, amount, charges and remittance information. It replaces the Swift MT 103 in cross-border payments and is also the core message of SEPA credit transfers, instant payments and high-value systems such as T2 and CHAPS.
Payment recallA payment recall is a request from the payer's bank to the payee's bank to return a credit transfer already executed, for example after a duplicate, a technical error or fraud. In ISO 20022 it travels as a camt.056 and is answered by a pacs.004 return or a negative camt.029. The payee's bank, and often the payee, must agree.

Updated 31 Oct 2026.