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ExternalPurpose1Code

CRDS Purpose Code: Credit Default Swap

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CRDS means credit default swap in the ISO 20022 purpose code set. Cash collateral related to trading of credit default swap.

Code
CRDS
ISO name
CreditDefaultSwap
Status
Registered
Last updated
2016-04-01

Official definition

Cash collateral related to trading of credit default swap.

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.

CRDS questions

What does CRDS mean in ISO 20022?
CRDS is Credit Default Swap in the ExternalPurpose1Code code set: Cash collateral related to trading of credit default swap.
Where does CRDS 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.