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ExternalObligationSettlementMethod1Code

BILA Code: Bilateral

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BILA means bilateral in the ISO 20022 obligation settlement method code set. Settled bilaterally.

Code
BILA
ISO name
Bilateral
Status
Registered
Last updated
-

Official definition

Settled bilaterally.

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

Messages and fields that use ExternalObligationSettlementMethod1Code

MessageElement path
camt.088versions 001.04

BILA questions

What does BILA mean in ISO 20022?
BILA is Bilateral in the ExternalObligationSettlementMethod1Code code set: Settled bilaterally.

All ExternalObligationSettlementMethod1Code codes · ISO 20022 code sets

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