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by abimaelmartell 679 days ago
That code sample is basically how ISO20022 works, you create a file with instructions to move money from one account to another.

You would need to upload that XML to a bank to actually process the transaction.

There are other formats like NACHA (US only), where you have to generate a text file with a pretty specific format, and upload that, often via sFTP to the Bank's server to process.