BLCK Code: Blocked
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BLCK means blocked in the ISO 20022 balance sub type code set. Balance representing the regulatory reserve that a financial institution must have with the account servicing institution, eg, the minimum credit balance a financial institution is to keep with its Central Bank for mandatory reserve purposes. In some countries, a blocked balance is known as a 'reserve' balance.
- Code
- BLCK
- ISO name
- Blocked
- Status
- Registered
- Last updated
- 2009-04-01
Official definition
Balance representing the regulatory reserve that a financial institution must have with the account servicing institution, eg, the minimum credit balance a financial institution is to keep with its Central Bank for mandatory reserve purposes. In some countries, a blocked balance is known as a 'reserve' balance.
Messages and fields that use ExternalBalanceSubType1Code
BLCK in other code sets
BLCK questions
- What does BLCK mean in ISO 20022?
- BLCK is Blocked in the ExternalBalanceSubType1Code code set: Balance representing the regulatory reserve that a financial institution must have with the account servicing institution, eg, the minimum credit balance a financial institution is to keep with its Central Bank for mandatory reserve purposes. In some countries, a blocked balance is known as a 'reserve' balance.
- Where does BLCK appear in a message?
- For example in camt.052, element Rpt/Bal/Tp/SubTp/Cd.
All ExternalBalanceSubType1Code codes · ISO 20022 code sets
The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.