LMMG Code: Limit Manager
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LMMG means limit manager in the ISO 20022 payment role code set. Party in a financial institution responsible for the management of the limits. This party is responsible for fixing, modifying, or suspending limits as relevant for the management of counterpart risk or systemic risk containment.
- Code
- LMMG
- ISO name
- LimitManager
- Status
- Registered
- Last updated
- 2018-11-01
Official definition
Party in a financial institution responsible for the management of the limits. This party is responsible for fixing, modifying, or suspending limits as relevant for the management of counterpart risk or systemic risk containment.
Messages and fields that use ExternalPaymentRole1Code
| Message | Element path |
|---|---|
| camt.014 | RptOrErr/Rpt/MmbOrErr/Mmb/CtctRef/Role/Cd |
LMMG questions
- What does LMMG mean in ISO 20022?
- LMMG is Limit Manager in the ExternalPaymentRole1Code code set: Party in a financial institution responsible for the management of the limits. This party is responsible for fixing, modifying, or suspending limits as relevant for the management of counterpart risk or systemic risk containment.
- Where does LMMG appear in a message?
- For example in camt.014, element RptOrErr/Rpt/MmbOrErr/Mmb/CtctRef/Role/Cd.
All ExternalPaymentRole1Code 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.