BKTXCD
ISO 20022 Bank Transaction Code element, camt.052/053/054 entries.
Definition
BkTxCd qualifies the nature of an entry. It holds a Domn block structured as Cd (domain, e.g. PMNT), Fmly and SubFmlyCd per the External Bank Transaction Domain code list, and/or a bank-specific Prtry block. It is essential to automated reconciliation.
Origin
The structured code follows the ISO 20022 External Bank Transaction Code List (ISO TC 68/SC 9), published and maintained by the Registration Management Group at iso20022.org.
Example in context
<BkTxCd><Domn><Cd>PMNT</Cd><Fmly><Cd>RCDT</Cd><SubFmlyCd>ESCT</SubFmlyCd></Fmly></Domn></BkTxCd>