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ExternalPurpose1Code

BKDF Purpose Code: Bank Loan Delayed Draw Funding

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BKDF means bank loan delayed draw funding in the ISO 20022 purpose code set. Delayed draw funding. Certain issuers may utilize delayed draw loans whereby the lender is committed to fund cash within a specified period once a call is made by the issuer. The lender receives a fee for entering into such a commitment.

Code
BKDF
ISO name
BankLoanDelayedDrawFunding
Status
Registered
Last updated
2016-04-01

Official definition

Delayed draw funding. Certain issuers may utilize delayed draw loans whereby the lender is committed to fund cash within a specified period once a call is made by the issuer. The lender receives a fee for entering into such a commitment.

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

Messages and fields that use ExternalPurpose1Code

MessageElement path
pacs.002TxInfAndSts/OrgnlTxRef/Purp/Cd
pain.002OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/Purp/Cd
pacs.004TxInf/OrgnlTxRef/Purp/Cd, TxInf/OrgnlTxRef/UndrlygFICdtTrf/Purp/Cd, TxInf/OrgnlTxRef/UndrlygCstmrCdtTrf/Purp/Cd, TxInf/OrgnlTxRef/UndrlygFICdtTrf/UndrlygAllcn/Purp/Cd
camt.056Undrlyg/TxInf/OrgnlTxRef/Purp/Cd
camt.029StmtDtls/Purp/Cd, ModDtls/OrgnlTxRef/Purp/Cd, CxlDtls/TxInfAndSts/OrgnlTxRef/Purp/Cd, CxlDtls/OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/Purp/Cd
pacs.008CdtTrfTxInf/Purp/Cd
pacs.009CdtTrfTxInf/Purp/Cd, CdtTrfTxInf/UndrlygAllcn/Purp/Cd, CdtTrfTxInf/UndrlygFICdtTrf/Purp/Cd, CdtTrfTxInf/UndrlygCstmrCdtTrf/Purp/Cd
pain.001PmtInf/CdtTrfTxInf/Purp/Cd
camt.053Stmt/Ntry/NtryDtls/TxDtls/Purp/Cd, Stmt/Ntry/NtryDtls/TxDtls/UndrlygAllcn/Purp/Cd
camt.054Ntfctn/Ntry/NtryDtls/TxDtls/Purp/Cd, Ntfctn/Ntry/NtryDtls/TxDtls/UndrlygAllcn/Purp/Cd

And 29 more messages: see the ExternalPurpose1Code page.

BKDF questions

What does BKDF mean in ISO 20022?
BKDF is Bank Loan Delayed Draw Funding in the ExternalPurpose1Code code set: Delayed draw funding. Certain issuers may utilize delayed draw loans whereby the lender is committed to fund cash within a specified period once a call is made by the issuer. The lender receives a fee for entering into such a commitment.
Where does BKDF appear in a message?
For example in camt.056, element Undrlyg/TxInf/OrgnlTxRef/Purp/Cd.

All ExternalPurpose1Code 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.