-

M

9

-

A group of segments identifying individual service groups, and the monetary amounts for each service group included in the total payment. If necessary, the amounts for each individual service group may be calculated in an agreed currency.

-

C

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

=

Unemployment/disability/benefit

=

Insurance premium

=

Licence fees

=

Pension

=

Social security benefit

=

Voluntary pension (GS1 Temporary Code)

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 indicate the reason for the payroll deduction.

Example:
BUS+1:PEN+DO'