BUS Business function

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

Position

Element

Name

Type

Requirement

Min

Max

Repeat

010 C521 Business function Composite (composite) Conditional 1

010 · 4027 · Business function type code qualifier · String (AN) · Mandatory · 1 · 3 · -

Code qualifying the type of business function.

020 · 4025 · Business function code · String (AN) · Mandatory · 1 · 3 · -

Code describing the specific business function.

030 · 1131 · Code list identification code · String (AN) · Conditional · 1 · 17 · -

Code identifying a user or association maintained code list.

1 The codes for this data element are provided by the code list responsible agency defined in data element 3055.

040 · 3055 · Code list responsible agency code · String (AN) · Conditional · 1 · 3 · -

Code specifying the agency responsible for a code list.

050 · 4022 · Business description · String (AN) · Conditional · 1 · 70 · -

Free form description of a business.

020 · 3279 · Geographic area code · String (AN) · Conditional · 1 · 3 · 1

Code specifying a geographical area.

030 · 4487 · Financial transaction type code · String (AN) · Conditional · 1 · 3 · 1

Code specifying a type of financial transaction.

040 C551 Bank operation Composite (composite) Conditional 1

010 · 4383 · Bank operation code · String (AN) · Mandatory · 1 · 3 · -

Code specifying a bank operation.

020 · 1131 · Code list identification code · String (AN) · Conditional · 1 · 17 · -

Code identifying a user or association maintained code list.

1 The codes for this data element are provided by the code list responsible agency defined in data element 3055.

030 · 3055 · Code list responsible agency code · String (AN) · Conditional · 1 · 3 · -

Code specifying the agency responsible for a code list.

050 · 4463 · Intra-company payment indicator code · String (AN) · Conditional · 1 · 3 · 1

Code indicating an intra-company payment.