Name of the party to be paid when it differs from the seller — typical for factoring or collection scenarios. Without BG-10 the seller is implicitly the payee.
cac:PayeeParty/cac:PartyName/cbc:Namersm:SupplyChainTradeTransaction/ram:ApplicableHeaderTradeSettlement/ram:PayeeTradeParty/ram:Name Part of BG-10 Payee
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Open the validator ← All EN 16931 terms
Semantics: EN 16931-1. Simplified explanation in our own words — the norm is authoritative.