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ISO 20022 · Trade market
FFDM Factoring Foreign Domestic
Registered in sourceSource release: August 2026 (v3)Source details
Code setExternalTradeMarket1Code
Published definition
Factoring client and third party in the same country, Factoring service provider in another country
Code set and usage
Trade market contains 6 registered codes. Its exact identifier is ExternalTradeMarket1Code.
Specifies the external trade market code in the format of character string with a maximum length of 4 characters. 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.