ISO 20022 · Billing rate identification

ICDRInterest Credited Rate

Registered in sourceSource release: August 2026 (v3)

Published definition

Per annum interest rate used to calculate the interest amount credited to a designated account. The amount of interest credited, if any, is reported in a Compensation Section with a Compensation Identifier of TtlInterestCredited

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.

View 5 published message references