1387 Rate Qualifier Code

Code indicating the type of interest rate

Type
Identifier (ID)
Length
Min 1 / Max 2
Codes
CodeDescription
1Reserve Requirement Rate - Demand Deposit Account (DDA)
2Analysis Earnings Credit Interest Rate Not Yet Net of Reserves
2AAnalysis Earnings Credit Interest Rate Net of Reserves
3Book/Ledger Balance Overdraft Interest Rate
4Collected Balance Overdraft Interest Rate
5Deficiency Balance Interest Rate
6Treasury Tax and Loan (TT & L)
7Federal Deposit Insurance Corporation (FDIC)
8Overdraft Reserve Requirement Recover
9Federal Funds
10Prime
11Mutually Defined
12Reserve Requirement Rate - Non-Demand Deposit Account (Non-DDA)
13Money Market (MMA)
14Negotiable Order of Withdrawal Reserve (NOW)
15Certificate of Deposit (CD)
BABase
CFCurrent Factor
CMCommission
CRCoupon Rate
CXCurrency Exchange
DADemand Deposit Account Interest
DIDeficiency Interest Rate
DRDiscount
DSDeficiency Surcharge Rate
IRInterest
NBBook/Ledger Balance Net Overdraft Interest Rate
NCCollected Balance Net Overdraft Interest Rate
PBPrincipal Balance Factor
PFPrincipal and Interest Factor
RRRebate
SRSecurity
STStandby (Letter of Credit)
UFUncollected Funds Usage Interest Rate

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