ISO 20022 · Category purpose
SAVGSavings
Published definition
Transfer to / from savings or to retirement account.
Additional source information
Used to identify transfers performed between savings accounts and current accounts held at different PSPs by the same holder, in order to check that the holder of both accounts is the same.
Code set and usage
Category purpose contains 49 registered codes. Its exact identifier is ExternalCategoryPurpose1Code.
Specifies the category purpose, as published in an external category purpose 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.
This code in other sets 1
These share the characters SAVG. Their meanings belong to their respective sets.