Where does MULT appear in a message?

For example in camt.086, element BllgStmtGrp/BllgStmt/RateData/Id/Cd.

MULT Code: Multiplier

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

MULT means multiplier in the ISO 20022 billing rate identification code set. The 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.

Code: MULT
ISO name: Multiplier
Status: Registered
Last updated: 2012-07-13

Official definition

The 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.

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalBillingRateIdentification1Code

Message	Element path
camt.086	BllgStmtGrp/BllgStmt/RateData/Id/Cd

MULT in other code sets

MULT in ExternalObligationSettlementMethod1Code

MULT questions

What does MULT mean in ISO 20022?: MULT is Multiplier in the ExternalBillingRateIdentification1Code code set: The 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.
Where does MULT 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.