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ISO 20022 external code set

ExternalTradeMarket1Code: Trade Market Codes

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

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

6 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

  • FDMSFactoring DomesticFactoring service provider, Factoring client and third party in the same country
  • FEXPFactoring ExportFactoring service provider, Factoring client in the same country, third party in another country
  • FFDMFactoring Foreign DomesticFactoring client and third party in the same country, Factoring service provider in another country
  • FFDTFactoring French Dom TomFactoring service provider, Factoring client and third party in the same country, but factoring client has an exceptional VAT ruling, for example if it’s overseas
  • FIMPFactoring ImportFactoring service provider and third party in the same country, Factoring client in another country
  • FREXFactoring Reexported ExportFactoring service provider, Factoring client and third party in three different countries

Messages that use ExternalTradeMarket1Code

MessageElement path
tsin.006AssgnmtList/FinItm/ItmCntxt/TradMkt/Cd
tsin.007AssgnmtList/FinItm/ItmCntxt/TradMkt/Cd
tsin.008NtfctnList/FinItm/ItmCntxt/TradMkt/Cd
tsin.009AgrmtList/Itm/ItmCntxt/TradMkt/Cd
tsin.010AgrmtList/Itm/ItmCntxt/TradMkt/Cd
tsin.011NtfctnList/Itm/ItmCntxt/TradMkt/Cd
tsin.012AckList/Itm/ItmCntxt/TradMkt/Cd
tsin.013PmtStsList/FinItm/ItmCntxt/TradMkt/Cd
tsmt.053RcncltnList/Params/TradMkt/Cd, RcncltnList/Itm/ItmCntxt/TradMkt/Cd
tsmt.054RcncltnList/Params/TradMkt/Cd, RcncltnList/Itm/ItmCntxt/TradMkt/Cd

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.