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ExternalNarrativeType1Code

PRAS Code: Proceeds Assignable

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PRAS means proceeds assignable in the ISO 20022 narrative type code set. Narrative text describing the assignment of proceeds terms and conditions.

Code
PRAS
ISO name
ProceedsAssignable
Status
Registered
Last updated
2012-12-14

Official definition

Narrative text describing the assignment of proceeds terms and conditions.

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

Messages and fields that use ExternalNarrativeType1Code

MessageElement path
tsin.005UdrtkgApplDtls/UdrtkgWrdg/UdrtkgTermsAndConds/Tp/Cd
tsrv.001UdrtkgIssncDtls/UdrtkgTermsAndConds/Tp/Cd, UdrtkgIssncDtls/ReqdLclUdrtkg/UdrtkgWrdg/UdrtkgTermsAndConds/Tp/Cd
tsrv.002UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/UdrtkgTermsAndConds/Tp/Cd, UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/UdrtkgWrdg/UdrtkgTermsAndConds/Tp/Cd
tsrv.003UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/UdrtkgTermsAndConds/Tp/Cd, UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/UdrtkgWrdg/UdrtkgTermsAndConds/Tp/Cd
tsrv.004UdrtkgAmdmntReqDtls/NewUdrtkgTermsAndConds/Tp/Cd
tsrv.005UdrtkgAmdmntDtls/NewUdrtkgTermsAndConds/Tp/Cd, UdrtkgAmdmntDtls/LclUdrtkg/NewUdrtkgTermsAndConds/Tp/Cd
tsrv.006UdrtkgAmdmntAdvcDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/NewUdrtkgTermsAndConds/Tp/Cd, UdrtkgAmdmntAdvcDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/LclUdrtkg/NewUdrtkgTermsAndConds/Tp/Cd
tsrv.007UdrtkgAmdmntNtfctnDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/NewUdrtkgTermsAndConds/Tp/Cd, UdrtkgAmdmntNtfctnDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/LclUdrtkg/NewUdrtkgTermsAndConds/Tp/Cd

PRAS questions

What does PRAS mean in ISO 20022?
PRAS is Proceeds Assignable in the ExternalNarrativeType1Code code set: Narrative text describing the assignment of proceeds terms and conditions.
Where does PRAS appear in a message?
For example in tsin.005, element UdrtkgApplDtls/UdrtkgWrdg/UdrtkgTermsAndConds/Tp/Cd.

All ExternalNarrativeType1Code 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.