ExternalBillingRateIdentification1Code
RRQR Code: Reserve Requirement Rate Non DDA
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RRQR means reserve requirement rate non dda in the ISO 20022 billing rate identification code set. The per annum reserve rate as applied to non demand deposit accounts such as time deposit or CD accounts.
- Code
- RRQR
- ISO name
- ReserveRequirementRateNonDDA
- Status
- Registered
- Last updated
- 2012-07-13
Official definition
The per annum reserve rate as applied to non demand deposit accounts such as time deposit or CD accounts.
Messages and fields that use ExternalBillingRateIdentification1Code
| Message | Element path |
|---|---|
| camt.086 | BllgStmtGrp/BllgStmt/RateData/Id/Cd |
RRQR questions
- What does RRQR mean in ISO 20022?
- RRQR is Reserve Requirement Rate Non DDA in the ExternalBillingRateIdentification1Code code set: The per annum reserve rate as applied to non demand deposit accounts such as time deposit or CD accounts.
- Where does RRQR 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.