Registered in sourceSource release: August 2026 (v3)
Published definition
Member has full rights in the system. In principle, this membership status entails financial responsibility for its own operations and sponsored members' operations submitted to the system.
Code set and usage
System member type contains 5 registered codes. Its exact identifier is ExternalSystemMemberType1Code.
Specifies the nature of the membership of a party in a system, as published in an external system member 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.