ExternalBillingRateIdentification1Code
FDIC Code: FDIC Rate
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FDIC means fdic rate in the ISO 20022 billing rate identification code set. The current FDIC rate used in the US to calculate the Federal Deposit Insurance premium paid by the banks to the FDIC.
- Code
- FDIC
- ISO name
- FDICRate
- Status
- Registered
- Last updated
- 2012-07-13
Official definition
The current FDIC rate used in the US to calculate the Federal Deposit Insurance premium paid by the banks to the FDIC.
Messages and fields that use ExternalBillingRateIdentification1Code
| Message | Element path |
|---|---|
| camt.086 | BllgStmtGrp/BllgStmt/RateData/Id/Cd |
FDIC in other code sets
FDIC questions
- What does FDIC mean in ISO 20022?
- FDIC is FDIC Rate in the ExternalBillingRateIdentification1Code code set: The current FDIC rate used in the US to calculate the Federal Deposit Insurance premium paid by the banks to the FDIC.
- Where does FDIC appear in a message?
- For example in camt.086, element BllgStmtGrp/BllgStmt/RateData/Id/Cd.
All ExternalBillingRateIdentification1Code 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.