ISO 20022 · Service category
ACMSAccount Management Services
Published definition
Agreement under which or rules under which the transaction should be processed expressed as a code. This category encompasses the reporting of fees related to account management services including, inter alia, membership fees and minimum fees (i.e. fees added to small invoices in order to reach the minimum fees agreed for each participant).
Code set and usage
Service category contains 18 registered codes. Its exact identifier is ExternalServiceCategory1Code.
Specifies the service category, as published in an external status reason 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.