The “Generic Organisation Identification” element must be used when the party is identified using an identification other than the LEI or BIC, i.e. TXID, etc. In this case, the schemeNameCode refers to an external list (ISO 20022 table ‘ExternalOrganisationIdentification1Code’).
Alternatively, it may also be a proprietary code (identification and schemeNameProprietatry).
In case of LEI :
+name
+identification
++organisationId
+++lei
In case of code from ISO 20022 List :
+name
+identification
++organisationId
+++others
++++identification à VALUE
++++schemeNameCodeà CODE From the ISO list i.e. TXID
In case of the use of a proprietary code :
+name
+identification
++organisationId
+++others
++++identification à VALUE
++++schemeNameProprietary // Name of the identification scheme, in a free text form.
++++issuer // Entity that assigns the identification
More detailed information can be found in the VOP API Specifications.