Reference
BT-59 Payee name
Name of the party that should receive the payment if it is not the seller.
Quick answer
Delivery dates, payment means, and the operational context around settlement.
In plain language
Name of the party that should receive the payment if it is not the seller.
Name of the party that should receive the payment if it is not the seller.
This field is needed in factoring, shared-service, or treasury setups where the payee differs from the seller entity.
What you usually enter here
Payee legal or business name
Typical valid values include: ABC Factoring GmbH
Required by BR-17 when BG-10 Payee differs from BG-4 Seller. Otherwise optional.
What goes wrong often
Avoid values like:
Relevant rule codes: BR-17
Examples in context
This field is needed in factoring, shared-service, or treasury setups where the payee differs from the seller entity.
Required by BR-17 when BG-10 Payee differs from BG-4 Seller. Otherwise optional.
Valid Examples
- ABC Factoring GmbH
Invalid Examples
XML mapping and field facts
Open the technical reference if you need XML paths, validator rule codes, legal wording, or schema-specific mapping details.
Field ID:
BT-59
Data Type:
text
Cardinality:
0..1
Requirement:
Optional
Max Length:
200 characters
Since Version:
Conditional
XML Implementation
/Invoice/cac:PayeeParty/cac:PartyName/cbc:Name/CrossIndustryInvoice/SupplyChainTradeTransaction/ApplicableHeaderTradeSettlement/ram:PayeeTradeParty/ram:NameValidation Rules
BR-17
BR-17
Why the standard cares about this field
Business Context
This field is needed in factoring, shared-service, or treasury setups where the payee differs from the seller entity.
Legal Requirement
Required by BR-17 when BG-10 Payee differs from BG-4 Seller. Otherwise optional.