FAA Financial Asset Account
To provide duration, amount and associated information on financial assets
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code indicating the type of account
FAA01 defines the type of financial asset or account.
Account number assigned
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
FAA03 defines the date a financial asset account was opened.
Monetary amount
FAA04 defines the current balance amount or valuation.
Code defining the type of ownership
FAA05 defines the type of account ownership.
Monetary amount
FAA06 defines the average balance or value of an asset or account.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-02 is not used, its value is to be interpreted as 1.
Value to be used as a multiplier to obtain a new value
If C001-03 is not used, its value is to be interpreted as 1.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-05 is not used, its value is to be interpreted as 1.
Value to be used as a multiplier to obtain a new value
If C001-06 is not used, its value is to be interpreted as 1.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-08 is not used, its value is to be interpreted as 1.
Value to be used as a multiplier to obtain a new value
If C001-09 is not used, its value is to be interpreted as 1.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-11 is not used, its value is to be interpreted as 1.
Value to be used as a multiplier to obtain a new value
If C001-12 is not used, its value is to be interpreted as 1.
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Power to which a unit is raised
If C001-14 is not used, its value is to be interpreted as 1.
Value to be used as a multiplier to obtain a new value
If C001-15 is not used, its value is to be interpreted as 1.
Numeric value of quantity
FAA08 defines the number of time periods used to figure the average balance.
Code specifying type of date or time, or both date and time
C0911: If FAA-09 is present, then FAA-11 is required
Code indicating the date format, time format, or date and time format
P1011: If either FAA-10 or FAA-11 is present, then the other is required
Expression of a date, a time, or range of dates, times or dates and times
Code qualifying the Reference Identification
P1213: If either FAA-12 or FAA-13 is present, then the other is required
FAA12 defines asset identification type.
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
Code identifying the specific type of item maintenance
FAA15 defines the type of verification to be obtained for a financial asset account.