ISO 20022 · Balance type
PRCDPreviously Closed Booked
Published definition
Balance of the account at the previously closed account reporting period. The opening booked balance for the new period has to be equal to this balance. Usage: the previously booked closing balance should equal (inclusive date) the booked closing balance of the date it references and equal the actual booked opening balance of the current date.
Code set and usage
Balance type contains 10 registered codes. Its exact identifier is ExternalBalanceType1Code.
Specifies the balance type, as published in an external balance type code set. External code sets can be downloaded from www.iso20022.org.
Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.