Why is there a payer but not a payee on the financial notification?

The reason why the notice is payable to the payer but not to the payee is that the payer is the financial department and the payer is the correspondent bank.

1, the payer that is the financial sector: the financial notification is the financial sector to the payee (such as institutions, administrative units, etc.) to send payment instructions. In this process, the finance department is the payer, so the notification will indicate the payer's information.

2. The payer, i.e., the correspondent bank: in some cases, the financial department will make fund payments through the correspondent bank. In this case, the correspondent bank is the payer and its information will be indicated in the notification.