When a SEPA Credit Transfer the originator exchanges a series of messages with the beneficiary through the originating and beneficiary bank and CSM.
The following diagram indicates this flow of messages.
Customer to Bank Messages (PAIN)
A customer will send Payment initiation (Pain) message(s) to their bank to initiate a payment. Pain messages are customer to bank messages.
| Message | Description |
| pain.001 | This is the payment initiation message. Used to initiate the credit transfer. For more information see here |
| pain.002 | This message is used to inform a customer whether their transaction was successful or not. For more information see here |
Cash Management Messages (CAMT)
Customers receive their cash management reports from banks using the Cash Management (CAMT) family of messages.
| Message | Description |
| Camt.052 | This message is the account report. It used to inform the customer of their account balances after a transaction. |
| Camt.053 | This message serves as the account statement. Additionally, it will include an opening and closing balance, along with the details of processed transactions. For more information see here |
| Camt.054 | This message is used to inform a customer about a debit or credit on their account. For more information see here |
| Camt.056 | This message is used by the originator bank to recall an SCT. For more information see here |
| Camt.029 | This message is used by the beneficiary bank to inform the originator bank that their request to recall the SCT has been denied. For more information see here |
Interbank Messages (PACS)
Banks use Payment and Clearing messages (PACS) to settle and clear funds.
| Message | Description |
| Pacs.008 | This message facilitates the movement of funds from the originating bank to the beneficiary bank. For more information please see here |
| Pacs.002 | This message represents a payment status report message. For more information please see here |
| Pacs.004 | This message is used to undo a payment that has already been settled. It is issued by the beneficiary bank. In general, there are a number of reasons for this to occur, such as the account being previously closed at the beneficiary bank. Moreover, this message is also utilized to indicate that a recalled SCT has been successful. |