ExternalDiscountAmountType1Code
TMDS Code: Terms Discount
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TMDS means terms discount in the ISO 20022 discount amount type code set. Discount based on terms negotiated for payment within a specified time period, i.e., 2/10 Net 30 (2 percent discount if paid in 10 days; otherwise, net amount is due in 30 days).
- Code
- TMDS
- ISO name
- TermsDiscount
- Status
- Registered
- Last updated
- 2012-07-16
Official definition
Discount based on terms negotiated for payment within a specified time period, i.e., 2/10 Net 30 (2 percent discount if paid in 10 days; otherwise, net amount is due in 30 days).
Messages and fields that use ExternalDiscountAmountType1Code
| Message | Element path |
|---|---|
| pacs.002 | versions 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10, 001.11, 001.12, 001.13 |
| pain.002 | versions 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10, 001.11, 001.12, 001.13 |
| pacs.004 | versions 001.03, 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10, 001.11, 001.12 |
| camt.056 | versions 001.02, 001.03, 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10 |
| camt.029 | versions 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10, 001.11, 001.12 |
| pacs.008 | versions 001.03, 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10, 001.11 |
| pacs.009 | versions 001.03, 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10 |
| pain.001 | versions 001.04, 001.05, 001.06, 001.07, 001.08, 001.09, 001.10, 001.11 |
And 31 more messages: see the ExternalDiscountAmountType1Code page.
TMDS in other code sets
TMDS questions
- What does TMDS mean in ISO 20022?
- TMDS is Terms Discount in the ExternalDiscountAmountType1Code code set: Discount based on terms negotiated for payment within a specified time period, i.e., 2/10 Net 30 (2 percent discount if paid in 10 days; otherwise, net amount is due in 30 days).
- Where does TMDS appear in a message?
- For example in camt.110, element InvstgtnReq/Undrlyg/Initn/OrgnlTxRef/RmtInf/Strd/RfrdDocAmt/DscntApldAmt/Tp/Cd.
All ExternalDiscountAmountType1Code 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.