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ExternalTradeTransactionCondition1Code

XCPN Code: Ex Coupon

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XCPN means ex coupon in the ISO 20022 trade transaction condition code set. Trade is executed ex coupon.

Code
XCPN
ISO name
ExCoupon
Status
Registered
Last updated
2011-08-31

Official definition

Trade is executed ex coupon.

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

Messages and fields that use ExternalTradeTransactionCondition1Code

MessageElement path
setr.027TradDtls/TradTxCond/Cd
setr.044PtyTradgDtls/TradTxCond/Cd, CtrPtyTradgDtls/TradTxCond/Cd

XCPN questions

What does XCPN mean in ISO 20022?
XCPN is Ex Coupon in the ExternalTradeTransactionCondition1Code code set: Trade is executed ex coupon.
Where does XCPN appear in a message?
For example in setr.027, element TradDtls/TradTxCond/Cd.

All ExternalTradeTransactionCondition1Code 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.