-

M

9999

-

A group of segments specifying details related to the account and type of account, such as statement number, balance, relevant amounts and dates.

-

C

9999

-

A group of segments providing references, value and entry dates, the business function of the booked items, amounts, type and status.

-

M

1

-

 

Function:

 

To provide information related to the processing and purpose of a financial message.

EDIFACT

Description

C521

BUSINESS FUNCTION

C

Business function type code qualifier

M

an..3

=

Underlying business function

Business function code

M

an..3

=

Commission

=

Costs

=

Purchase and sale of goods

=

Interest

=

Netting

=

Tax payment

Code list identification code

C

an..17

Code list responsible agency code

C

an..3

=

GS1

4022

Business description

C

an..70

Geographic area code

C

an..3

=

Domestic

=

International

=

European (SWIFT Code)

Financial transaction type code

C

an..3

=

Clean payment

=

Documentary payment

C551

BANK OPERATION

C

Bank operation code

M

an..3

Code list identification code

C

an..17

Code list responsible agency code

C

an..3

Intra-company payment indicator code

C

an..3

=

Intra-company payment

Segment Notes:

This segment is used to provide information related to the transaction type for the current statement item.
When this segment is not used the statement item defaults to a clean payment.

Example:
BUS+1:GDS+IN'