ExternalSystemBalanceType1Code
REST Code: Restricted
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REST means restricted in the ISO 20022 system balance type code set. Balance of cash that may only be used under certain conditions.
- Code
- REST
- ISO name
- Restricted
- Status
- Registered
- Last updated
- 2018-11-01
Official definition
Balance of cash that may only be used under certain conditions.
Balance type is used to block securities/cash in the client account for example, when related to specific corporate actions, the holding is under the direct control of the system paying agent, who is the only one who can transfer securities out of this balance type.
Also known as the "escrow balance" or "sequestered balance".
Messages and fields that use ExternalSystemBalanceType1Code
REST questions
- What does REST mean in ISO 20022?
- REST is Restricted in the ExternalSystemBalanceType1Code code set: Balance of cash that may only be used under certain conditions. Balance type is used to block securities/cash in the client account for example, when related to specific corporate actions, the holding is under the direct control of the system paying agent, who is the only one who can transfer securities out of this balance type. Also known as the "escrow balance" or "sequestered balance".
- Where does REST 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.