What does SETT mean in ISO 20022?

SETT Code: Settlement Services

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

SETT means settlement services in the ISO 20022 service category code set. This category encompasses the reporting of all fees related to the settlement of securities and/or cash. This includes fees related to the settlement of market claims and transformations. Taxes applied on settled transactions (such as financial transaction taxes) and ancillary settlement services are also reported under this category.

Code: SETT
ISO name: SettlementServices
Status: Registered
Last updated: 2022-03-24

Official definition

This category encompasses the reporting of all fees related to the settlement of securities and/or cash. This includes fees related to the settlement of market claims and transformations. Taxes applied on settled transactions (such as financial transaction taxes) and ancillary settlement services are also reported under this category.

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

Messages and fields that use ExternalServiceCategory1Code

Message	Element path
camt.077	versions 001.01

SETT in other code sets

SETT in ExternalEffectiveDateParameter1Code

SETT questions

What does SETT mean in ISO 20022?: SETT is Settlement Services in the ExternalServiceCategory1Code code set: This category encompasses the reporting of all fees related to the settlement of securities and/or cash. This includes fees related to the settlement of market claims and transformations. Taxes applied on settled transactions (such as financial transaction taxes) and ancillary settlement services are also reported under this category.

All ExternalServiceCategory1Code 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.