RESV Code: Reserve
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RESV means reserve 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.
- Code
- RESV
- ISO name
- Reserve
- 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.
Messages and fields that use ExternalBalanceSubType1Code
RESV questions
- What does RESV mean in ISO 20022?
- RESV is Reserve 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.
- Where does RESV 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.