ExternalBillingBalanceType1Code
EDIB Code: Excess Deficit Investable Bal
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EDIB means excess deficit investable bal in the ISO 20022 billing balance type code set. Investable balance remaining after the balance required to offset the current analysis period’s balance compensable service charges has been deducted. If negative (deficit), this represents the additional investable balance required to fully offset balance compensable service charges for the current period. If positive (excess), this represents the investable balance surplus after offsetting balance compensable service charges for the current period. Depending on the type of underlying account, a hard interest rate may be applied to a balance excess resulting in a hard interest credit to the underlying account. AFP code=00 04 10
- Code
- EDIB
- ISO name
- ExcessDeficitInvestableBal
- Status
- Registered
- Last updated
- 2012-07-13
Official definition
Investable balance remaining after the balance required to offset the current analysis period’s balance compensable service charges has been deducted. If negative (deficit), this represents the additional investable balance required to fully offset balance compensable service charges for the current period. If positive (excess), this represents the investable balance surplus after offsetting balance compensable service charges for the current period. Depending on the type of underlying account, a hard interest rate may be applied to a balance excess resulting in a hard interest credit to the underlying account. AFP code=00 04 10
Messages and fields that use ExternalBillingBalanceType1Code
| Message | Element path |
|---|---|
| camt.086 | BllgStmtGrp/BllgStmt/Bal/Tp/Cd |
EDIB questions
- What does EDIB mean in ISO 20022?
- EDIB is Excess Deficit Investable Bal in the ExternalBillingBalanceType1Code code set: Investable balance remaining after the balance required to offset the current analysis period’s balance compensable service charges has been deducted. If negative (deficit), this represents the additional investable balance required to fully offset balance compensable service charges for the current period. If positive (excess), this represents the investable balance surplus after offsetting balance compensable service charges for the current period. Depending on the type of underlying account, a hard interest rate may be applied to a balance excess resulting in a hard interest credit to the underlying account. AFP code=00 04 10
- Where does EDIB appear in a message?
- For example in camt.086, element BllgStmtGrp/BllgStmt/Bal/Tp/Cd.
All ExternalBillingBalanceType1Code 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.