What does TERM mean in ISO 20022?

TERM is Service Termination in the ExternalNotificationType1Code code set: Notification of termination of a service, such as an account closure.

Where does TERM appear in a message?

For example in admi.024, element NtfctnData/NtfctnTp/Cd.

ExternalNotificationType1Code

TERM Code: Service Termination

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

TERM means service termination in the ISO 20022 notification type code set. Notification of termination of a service, such as an account closure.

Code: TERM
ISO name: ServiceTermination
Status: Registered
Last updated: 2024-12-03

Official definition

Notification of termination of a service, such as an account closure.

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

Messages and fields that use ExternalNotificationType1Code

Message	Element path
admi.024	NtfctnData/NtfctnTp/Cd

TERM in other code sets

TERM questions

What does TERM mean in ISO 20022?: TERM is Service Termination in the ExternalNotificationType1Code code set: Notification of termination of a service, such as an account closure.
Where does TERM appear in a message?: For example in admi.024, element NtfctnData/NtfctnTp/Cd.

All ExternalNotificationType1Code 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.