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ExternalTypeOfParty1Code

BENE Code: Beneficiary

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BENE means beneficiary in the ISO 20022 type of party code set. Party in whose favour the undertaking (or counter-undertaking) is issued.

Code
BENE
ISO name
Beneficiary
Status
Registered
Last updated
2012-12-14

Official definition

Party in whose favour the undertaking (or counter-undertaking) is issued.

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

Messages and fields that use ExternalTypeOfParty1Code

MessageElement path
tsin.005UdrtkgApplDtls/TrfChrgsPyblBy, UdrtkgApplDtls/ConfChrgsPyblBy, UdrtkgApplDtls/CntrUdrtkg/ConfChrgsPyblBy, UdrtkgApplDtls/AddtlPty/Tp/Cd
tsrv.001UdrtkgIssncDtls/ConfPtyTp, UdrtkgIssncDtls/TrfChrgsPyblBy, UdrtkgIssncDtls/ConfChrgsPyblBy, UdrtkgIssncDtls/ReqdLclUdrtkg/TrfChrgsPyblBy
tsrv.002UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/ConfPtyTp, UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/TrfChrgsPyblBy, UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/ConfChrgsPyblBy, UdrtkgIssncAdvcDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/TrfChrgsPyblBy
tsrv.003UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/ConfPtyTp, UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/TrfChrgsPyblBy, UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/ConfChrgsPyblBy, UdrtkgIssncNtfctnDtls/UdrtkgIssncMsg/UdrtkgDtls/ReqdLclUdrtkg/TrfChrgsPyblBy
tsrv.004UdrtkgAmdmntReqDtls/DlvryChanl/DlvrToPtyTp/Cd, UdrtkgAmdmntReqDtls/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd, UdrtkgAmdmntReqDtls/CntrUdrtkg/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd
tsrv.005UdrtkgAmdmntDtls/DlvryChanl/DlvrToPtyTp/Cd, UdrtkgAmdmntDtls/LclUdrtkg/DlvryChanl/DlvrToPtyTp/Cd, UdrtkgAmdmntDtls/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd, UdrtkgAmdmntDtls/LclUdrtkg/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd
tsrv.006UdrtkgAmdmntAdvcDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/DlvryChanl/DlvrToPtyTp/Cd, UdrtkgAmdmntAdvcDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/LclUdrtkg/DlvryChanl/DlvrToPtyTp/Cd, UdrtkgAmdmntAdvcDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd, UdrtkgAmdmntAdvcDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/LclUdrtkg/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd
tsrv.007UdrtkgAmdmntNtfctnDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/DlvryChanl/DlvrToPtyTp/Cd, UdrtkgAmdmntNtfctnDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/LclUdrtkg/DlvryChanl/DlvrToPtyTp/Cd, UdrtkgAmdmntNtfctnDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd, UdrtkgAmdmntNtfctnDtls/UdrtkgAmdmntMsg/UdrtkgAmdmntDtls/LclUdrtkg/NewXpryDtls/XpryTerms/AutoXtnsn/NonXtnsnNtfctn/NtfctnRcptTp/Cd

BENE in other code sets

BENE questions

What does BENE mean in ISO 20022?
BENE is Beneficiary in the ExternalTypeOfParty1Code code set: Party in whose favour the undertaking (or counter-undertaking) is issued.
Where does BENE appear in a message?
For example in tsin.005, element UdrtkgApplDtls/TrfChrgsPyblBy.

All ExternalTypeOfParty1Code 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.