ISO 20022 · Balance sub type
PRAV Progressive Average
Code setExternalBalanceSubType1Code
Published definition
Average of the daily balances on the account used to fulfil the reserve requirements calculated from the beginning of the maintenance period.
Code set and usage
Balance sub type contains 22 registered codes. Its exact identifier is ExternalBalanceSubType1Code.
Specifies the balance sub-type, as published in an external balance sub-type 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 PRAV. Their meanings belong to their respective sets.