ExternalBillingRateIdentification1Code: Billing Rate Identification Codes

Codes

• AEARAdjusted Earnings Allowance RatePer annum earnings rate, adjusted for reserves, applied to the current analysis period’s investable balance for calculation of the earnings allowance credit. The ECR, Net of Reserves, is calculated as: ECR, Net of Reserves = ECR, Not Net (00 01 22) * (1 – Reserve Rate)
• ANXEAdjusted Next Month Earnings RateThe anticpated earnings allowance rate, as adjusted, to be used next month in the calculation of the earnings allowance. See AEAR AdjustedEarningsAllowance Rate
• CDRACD RateThe current CD (Certificate of Deposit) rate as published by the bank.
• DINRDeficiency Interest RateThe per annum rate used to calculate the Deficiency Interest amount to be paid to the bank.
• DSCRDeficiency Surcharge RateThe per annum rate used to calculate a surcharge based on the Deficiency Interest amount to be paid to the bank.
• EALREarnings Allowance RatePer annum earnings rate applied to the current statement period’s investable balance for calculation of the earnings allowance credit. The earnings allowance credit is used to offset the charges for balance compensable services. This rate has NOT been adjusted for reserves. The ECR, Not Net of Reserves, is calculated as: ECR, Not Net = ECR, Net of Reserves (00 01 20) / (1 – Reserve Rate)
• FDICFDIC RateThe current FDIC rate used in the US to calculate the Federal Deposit Insurance premium paid by the banks to the FDIC.
• ICDRInterest Credited RatePer annum interest rate used to calculate the interest amount credited to a designated account. The amount of interest credited, if any, is reported in a Compensation Section with a Compensation Identifier of TtlInterestCredited
• MULTMultiplierThe collected balance required to offset $1.00 of balance compensable service charges. This factor can be used to calculate the balance equivalent of balance compensable service charges. The multiplier is calculated in one of three different ways depending on whether the Earnings Allowance Rate (ECR) is adjusted for reserves or not (net of reserves or not) and, in the case where the ECR is not adjusted for reserves, whether the multiplier is adjusted for reserves or not.
• NCBONet Collected Balance Overdraft RatePer annum interest rate used to calculate overdraft compensation on an average net collected balance which is negative (AFP balance 00 00 10). An average NET balance is negative when the sum of the daily ending POSITIVE and NEGATIVE balances is negative.
• NGCONegative Collected Overdraft RatePer annum interest rate applied to NEGATIVE collected balances (AFP balance 00 00 13) for calculation of overdraft compensation.
• NGLONegative Ledger Overdraft RatePer annum interest rate applied to NEGATIVE ledger balances (AFP balance 00 00 03) for calculation of overdraft compensation.
• NLBONet Ledger Balance Overdraft RatePer annum interest rate used to calculate overdraft compensation on an average net ledger balance which is negative (AFP balance 00 00 00). An average NET balance is negative when the sum of the daily ending POSITIVE and NEGATIVE balances is negative.
• NXMENext Month Earnings Allowance RateThe anticpated earnings allowance rate to be used next month in the calculation of the earnings allowance. See EALR EarningsAllowance Rate
• NXMUNext Month MultiplierThe anticipated Multiplier to be used next month. See MULT Multiplier.
• PRIRPrime RateThe current per annum Prime rate as published by the bank.
• RRQRReserve Requirement Rate Non DDAThe per annum reserve rate as applied to non demand deposit accounts such as time deposit or CD accounts.
• RSRVReserve Requirement RatePer annum interest rate used to calculate that portion of the CollectedBal-AvgPositive that US banks must keep on deposit at the US Federal Reserve.
• UFURUncollected Funds Usage RatePer annum interest rate assessed on that portion of the account balance which is the difference between the average negative ledger and the average negative collected balance (AFP balance 00 00 15). This rate is used to assess compensation on the portion of the negative collected balance that represents the use of uncollected funds.