Registered in sourceSource release: August 2026 (v3)
Published definition
The current FDIC rate used in the US to calculate the Federal Deposit Insurance premium paid by the banks to the FDIC.
Code set and usage
Billing rate identification contains 19 registered codes. Its exact identifier is ExternalBillingRateIdentification1Code.
Specifies the type of billing rate or factor, as published in an external billing rate identification code list. 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.