ISO 20022 external code set

ExternalRelativeTo1Code: Relative To Codes

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

Specifies the external relative to code in the format of a character string with a maximum length of 4 characters.

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

3 codes in use. External code sets are published outside the message schemas and updated every quarter, so a new code can appear without a new message version.

Codes

GOODValue Of GoodsPercentage rate expressed relative to the value of goods.
PAYMPayment AmountPercentage rate expressed relative to the payment amount.
UNDGUndertaking AmountPercentage rate expressed relative to the undertaking amount.

Messages that use ExternalRelativeTo1Code

Message	Element path
tsin.005	UdrtkgApplDtls/AutomtcAmtVartn/AmtAndTrggr/AmtDtlsChc/PctgAmt/RltvTo
tsrv.001	UdrtkgIssncDtls/AutomtcAmtVartn/AmtAndTrggr/AmtDtlsChc/PctgAmt/RltvTo, UdrtkgIssncDtls/ReqdLclUdrtkg/AutomtcAmtVartn/AmtAndTrggr/AmtDtlsChc/PctgAmt/RltvTo
tsrv.002	UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/AutomtcAmtVartn/AmtAndTrggr/AmtDtlsChc/PctgAmt/RltvTo, UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/AutomtcAmtVartn/AmtAndTrggr/AmtDtlsChc/PctgAmt/RltvTo
tsrv.003	UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/AutomtcAmtVartn/AmtAndTrggr/AmtDtlsChc/PctgAmt/RltvTo, UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/AutomtcAmtVartn/AmtAndTrggr/AmtDtlsChc/PctgAmt/RltvTo

All ISO 20022 code sets · ISO 20022 messages

The ISO 20022 code set names, code values, 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.