ISO 20022 · Billing balance type
IBPCInterest Bearing Positive Collected Balance
Published definition
The average positive collected balance that can be used to show the base balance for the calculation of a hard interest credited. This is a hard interest credit as opposed to an earnings credit. AFP code=00 00 72
Code set and usage
Billing balance type contains 23 registered codes. Its exact identifier is ExternalBillingBalanceType1Code.
Specifies the balance of the billing service, as published in an external billing balance 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.