ExternalSystemBalanceType1Code
COLC Code: Dividends Collection
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COLC means dividends collection in the ISO 20022 system balance type code set. Balance representing the projected total amount of all payment obligations to the participant (bank), based on their role as main paying agent.
- Code
- COLC
- ISO name
- DividendsCollection
- Status
- Registered
- Last updated
- 2018-11-01
Official definition
Balance representing the projected total amount of all payment obligations to the participant (bank), based on their role as main paying agent.
Messages and fields that use ExternalSystemBalanceType1Code
COLC questions
- What does COLC mean in ISO 20022?
- COLC is Dividends Collection in the ExternalSystemBalanceType1Code code set: Balance representing the projected total amount of all payment obligations to the participant (bank), based on their role as main paying agent.
- Where does COLC appear in a message?
- For example in admi.005, element RptQryCrit/SchCrit/Bal/Tp/Cd.
All ExternalSystemBalanceType1Code 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.