What is 'recipient item' in SAP FS-PE - Payment Engine?

recipient item - Overview

• Component: FS-PE

• Component Name: Payment Engine

• Description: Target item whose account is in the account-managing system of the recipient bank.

recipient item - Details

• 
  Key Concepts: 
  A recipient item is a payment item in the SAP FS-PE Payment Engine component. It is used to store information about a payment recipient, such as their name, address, and bank account details. The recipient item also stores the amount of money to be paid to the recipient. 
  
  How to use it: 
  The recipient item is used in the SAP FS-PE Payment Engine component to create a payment order. This payment order contains all the necessary information about the payment recipient and the amount of money to be paid. The payment order can then be processed by the system and sent to the bank for processing. 
  
  Tips & Tricks: 
  When creating a recipient item, it is important to ensure that all the necessary information is entered correctly. This includes the name, address, and bank account details of the recipient. It is also important to ensure that the amount of money to be paid is correct. 
  
  Related Information: 
  The SAP FS-PE Payment Engine component also includes other payment items such as payer items and payment items. These items are used in conjunction with recipient items to create a complete payment order.