Registered in sourceSource release: August 2026 (v3)
Published definition
System in which payments and/or financial instruments are exchanged and/or cleared or recorded, while the ensuing monetary obligations are settled in another system, typically an RTGS system
Code set and usage
System party type contains 10 registered codes. Its exact identifier is ExternalSystemPartyType1Code.
Specifies the system party type, as published in an external system party 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.