Bundesbank order types

The following is a list of order types and payments used by the German Bundesbank.

Send order types

Send order types beginning with Q are commonly used by banks, which send orders to the Bundesbank, whereas X order types are applied by companies.

Format Order types
DTA XG1, XGK, XLK, QG1, QE9, QEA
DTA EBCDIC packed XCG, XCL, QE1, QE3
EÖ-SWIFT XGS, XCS, QE7, QE8, XG2, XDT, XWT, XTG, QG2
EÖ - Electronic opening

Payments

Description Usage Format Order types
Prior1 foreign transfer HBV foreign SWIFT XDT, XWT
TARGET2 transfer HBV foreign SWIFT XTG
SWIFT domestic transfer HBV Inland SWIFT XG2, QG2
Step2 transfer EMZ foreign SWIFT XGS, QE8, XCS, QE7
Prior1 transfer HBV domestic DTA XG1, XGK, XCG, QG1, QE9, QE1
Prior3 transfer EMZ domestic DTA XG1, XGK, XCG, QG1, QE9, QE1
Direct debit EMZ domestic DTA XLK, XCL, QEA, QE3
HBV - Customer Access Mechanism
EMZ - Electronic Mass Payments