ExternalUndertakingAmountType1Code
REDC Code: Reduction
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REDC means reduction in the ISO 20022 undertaking amount type code set. Amount is a reduction.
- Code
- REDC
- ISO name
- Reduction
- Status
- Registered
- Last updated
- 2012-12-14
Official definition
Amount is a reduction.
Messages and fields that use ExternalUndertakingAmountType1Code
| Message | Element path |
|---|---|
| tsrv.019 | UdrtkgStsRptDtls/RptdAmt/Tp |
REDC questions
- What does REDC mean in ISO 20022?
- REDC is Reduction in the ExternalUndertakingAmountType1Code code set: Amount is a reduction.
- Where does REDC appear in a message?
- For example in tsrv.019, element UdrtkgStsRptDtls/RptdAmt/Tp.
All ExternalUndertakingAmountType1Code 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.