IAT Entries (International ACH Transaction)

IAT entries are used when the originating or receiving financial institution is outside the United States. It may additionally be used in scenarios where the funds related to the transaction are sourced from or ultimately sent to a country outside the United States even if that transfer does not take place over the ACH network.

Currently, PlatformNext supports only IAT transactions between US financial institutions in USD currency. This allows originators who must provide the additional details required in an IAT transaction to remain in compliance with applicable laws and regulations.

Formatting Requirements

The NACHA rules require additional details regarding the transaction to be transmitted in a sequence of specially designated addenda records to the transaction. There are 7 mandatory records and an additional 2 types of optional records that may be included up to a maximum of 12 total addenda records.

When processing an IAT in PlatformNext, these records should be provided in the Ach Addenda Records field. Each record is a fixed width text line. The layout of each record as expected by PlatformNext is detailed below. Additional details can be found in the NACHA Operating Rules and Guidelines.

Record Layout Overview

Minimum of 7 and maximum of 12 addenda records per payment.
Seven (7) addenda records	Mandatory	‘710’ Foreign Payment Amount / Receiver’s Name ‘711’ Originator’s Name / Street ‘712’ Originator’s City / State / Country / Postal Code ‘713’ ODFI Name / ID/ Branch Country Code ‘714’ RDFI Name / ID / Branch Country Code ‘715’ Receiver’s ID Number / Street ‘716’ Receiver’s City / State / Country / Postal Code
One (1) or two (2) remittance addenda records	Optional	‘717’
Up to five (5) Correspondent Bank addenda records	Conditional	‘718’

First IAT Addenda Record

Field	1	2	3	4	5	6
Data Element Name	Record Type Code	Addenda Type Code	Transaction Type Code	Foreign Payment Amount	Foreign Trace Number	Receiving Company Name / Individual Name
Contents	'7'	‘10’	Alphameric¹	Zero (0) Filled	Space Filled	Alphameric
Length	1	2	3	18	22	35
Position	01-01	02-03	04-06	07-24	25-46	47-81

¹ Transaction Type Code should specify the reason for the payment using one of the following identifiers:

‘ANN’ (Annuity)
‘BUS’ (Business/Commercial)
‘DEP’ (Deposit)
‘LOA’ (Loan)
‘MIS’ (Miscellaneous)
‘MOR’ (Mortgage)
‘PEN’ (Pension)
‘REM’ (Remittance)
‘RLS’ (Rent/Lease)
‘SAL’ (Salary/Payroll)
‘TAX’ (Tax)

Second IAT Addenda Record

Field	1	2	3	4
Data Element Name	Record Type Code	Addenda Type Code	Originator Name	Originator Street Address
Contents	'7'	‘11’	Alphameric	Alphameric
Length	1	2	35	35
Position	01-01	02-03	04-38	39-73

Third IAT Addenda Record

Field	1	2	3	4
Data Element Name	Record Type Code	Addenda Type Code	Originator City & State / Province¹	Originator Country & Postal Code²
Contents	'7'	‘12’	Alphameric	Alphameric
Length	1	2	35	35
Position	01-01	02-03	04-38	39-73

¹ The City and State / Province should be separated with and asterisk (*) and end with a tilde (~).

Example: Pittsburgh*PA~

² The Country and Postal Code should be separated with and asterisk (*) and end with a tilde (~). The country should be a valid ISO 3166-1-alpha-2 code.

Example: US*15212~

Fourth IAT Addenda Record

Field	1	2	3	4	5	6
Data Element Name	Record Type Code	Addenda Type Code	Originating DFI Name	Originating DFI Identification Number Qualifier	Originating DFI Identification	Originating DFI Branch Country Code
Contents	'7'	‘13’	Alphameric	Alphameric¹	Alphameric	Alphameric²
Length	1	2	35	2	34	3
Position	01-01	02-03	04-38	39-40	41-74	75-77

¹ Originating DFI Identification Number Qualifier should be a value from the following list:

‘01’ - National Clearing System Number
‘02’ - BIC Code
‘03’ - IBAN

² The country code should be a valid ISO 3166-1-alpha-2 code even though the field is 3 characters.

Fifth IAT Addenda Record

Field	1	2	3	4	5	6
Data Element Name	Record Type Code	Addenda Type Code	Receiving DFI Name	Receiving DFI Identification Number Qualifier	Receiving DFI Identification	Receiving DFI Branch Country Code
Contents	'7'	‘14’	Alphameric	Alphameric¹	Alphameric	Alphameric²
Length	1	2	35	2	34	3
Position	01-01	02-03	04-38	39-40	41-74	75-77

¹ Receiving DFI Identification Number Qualifier should be a value from the following list:

‘01’ - National Clearing System Number
‘02’ - BIC Code
‘03’ - IBAN

² The country code should be a valid ISO 3166-1-alpha-2 code even though the field is 3 characters.

Sixth IAT Addenda Record

Field	1	2	3	4
Data Element Name	Record Type Code	Addenda Type Code	Receiver Identification Number¹	Receiver Street Address
Contents	'7'	‘15’	Alphameric	Alphameric
Length	1	2	15	35
Position	01-01	02-03	04-18	19-53

¹ Receiver Identification Number may be used by the Originator to include a value for their own purposes.

Seventh IAT Addenda Record

Field	1	2	3	4
Data Element Name	Record Type Code	Addenda Type Code	Receiver City & State / Province¹	Receiver Country & Postal Code²
Contents	'7'	‘16’	Alphameric	Alphameric
Length	1	2	35	35
Position	01-01	02-03	04-38	39-73

¹ The City and State / Province should be separated with and asterisk (*) and end with a tilde (~).

Example: Pittsburgh*PA~

² The Country and Postal Code should be separated with and asterisk (*) and end with a tilde (~). The country should be a valid ISO 3166-1-alpha-2 code.

Example: US*15212~

IAT Addenda Record for Remittance Information

Field	1	2	3
Data Element Name	Record Type Code	Addenda Type Code	Payment Related Information
Contents	'7'	‘17’	Alphameric
Length	1	2	80
Position	01-01	02-03	04-83

NOTE: A maximum of two optional remittance addenda records may be included.

IAT Addenda Record for Foreign Correspondent Bank Information

Field	1	2	3	4	5	6
Data Element Name	Record Type Code	Addenda Type Code	Foreign Correspondent Bank Name	Foreign Correspondent Bank Identification Number Qualifier	Foreign Correspondent Bank Identification	Foreign Correspondent Bank Branch Country Code
Contents	'7'	‘18’	Alphameric	Alphameric¹	Alphameric	Alphameric²
Length	1	2	35	2	34	3
Position	01-01	02-03	04-38	39-40	41-74	75-77

NOTE: A maximum of five conditional foreign correspondent bank addenda records may be included.

¹ Foreign Correspondent Bank Identification Number Qualifier should be a value from the following list:

‘01’ - National Clearing System Number
‘02’ - BIC Code
‘03’ - IBAN

² The country code should be a valid ISO 3166-1-alpha-2 code even though the field is 3 characters.

Example Addenda Records

NONE

710MIS000000000000000000                      John Brown
711ACME Inc.                          15 West Place Street
712Pittsburgh*PA~                     US*15212~
713Wells Fargo                        01121042882                         US
714Citadel Bank                       01231380104                         US
715               2121 Front Street
716Nashville*TN~                      US*37201~
717Additional optional payment information
718Scotiabank                         02NOSCCATTXXX                       CA

Additional Resources

https://www.nacha.org/content/international-ach-transactions