ISO 20022 · System balance type
PIPOPay In Pay Out
Published definition
Balance representing the fictive forecast of automated direct debits or payment based on standing arrangements between a central securities depository and the user. Usage: Pay-Ins and Pay-Outs can be different based on individual payment instructions or available funds.
Code set and usage
System balance type contains 70 registered codes. Its exact identifier is ExternalSystemBalanceType1Code.
Specifies the system balance type, as published in an external system balance type 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.
This code in other sets 1
These share the characters PIPO. Their meanings belong to their respective sets.