FWBC Purpose Code: Forward Broker Owned Cash Collateral
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FWBC means forward broker owned cash collateral in the ISO 20022 purpose code set. Cash collateral payment against a Master Forward Agreement (MFA) where the cash is held in a segregated account and is not available for use by the client. Includes any instruments with a forward settling date such TBAs, repurchase agreements and bond forwards
- Code
- FWBC
- ISO name
- ForwardBrokerOwnedCashCollateral
- Status
- Registered
- Last updated
- 2016-04-01
Official definition
Cash collateral payment against a Master Forward Agreement (MFA) where the cash is held in a segregated account and is not available for use by the client. Includes any instruments with a forward settling date such TBAs, repurchase agreements and bond forwards
Messages and fields that use ExternalPurpose1Code
| Message | Element path |
|---|---|
| pacs.002 | TxInfAndSts/OrgnlTxRef/Purp/Cd |
| pain.002 | OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/Purp/Cd |
| pacs.004 | TxInf/OrgnlTxRef/Purp/Cd, TxInf/OrgnlTxRef/UndrlygFICdtTrf/Purp/Cd, TxInf/OrgnlTxRef/UndrlygCstmrCdtTrf/Purp/Cd, TxInf/OrgnlTxRef/UndrlygFICdtTrf/UndrlygAllcn/Purp/Cd |
| camt.056 | Undrlyg/TxInf/OrgnlTxRef/Purp/Cd |
| camt.029 | StmtDtls/Purp/Cd, ModDtls/OrgnlTxRef/Purp/Cd, CxlDtls/TxInfAndSts/OrgnlTxRef/Purp/Cd, CxlDtls/OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/Purp/Cd |
| pacs.008 | CdtTrfTxInf/Purp/Cd |
| pacs.009 | CdtTrfTxInf/Purp/Cd, CdtTrfTxInf/UndrlygAllcn/Purp/Cd, CdtTrfTxInf/UndrlygFICdtTrf/Purp/Cd, CdtTrfTxInf/UndrlygCstmrCdtTrf/Purp/Cd |
| pain.001 | PmtInf/CdtTrfTxInf/Purp/Cd |
| camt.053 | Stmt/Ntry/NtryDtls/TxDtls/Purp/Cd, Stmt/Ntry/NtryDtls/TxDtls/UndrlygAllcn/Purp/Cd |
| camt.054 | Ntfctn/Ntry/NtryDtls/TxDtls/Purp/Cd, Ntfctn/Ntry/NtryDtls/TxDtls/UndrlygAllcn/Purp/Cd |
And 29 more messages: see the ExternalPurpose1Code page.
FWBC questions
- What does FWBC mean in ISO 20022?
- FWBC is Forward Broker Owned Cash Collateral in the ExternalPurpose1Code code set: Cash collateral payment against a Master Forward Agreement (MFA) where the cash is held in a segregated account and is not available for use by the client. Includes any instruments with a forward settling date such TBAs, repurchase agreements and bond forwards
- Where does FWBC 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.