ISO 20022 · Billing balance type
UCFUUncollected Funds Used
Published definition
That portion of the balance that is the difference between the average negative collected balance and the average negative ledger balance. This is used to isolate that portion of the negative collected balance that represents the use of uncollected funds. Balances are net of current period adjustments. Note that the Uncollected Funds Usage Rate can be applied to this balance to develop an Uncollected Funds OD interest charge. AFP code=00 00 15
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.