ISO 20022 · Type of party
PRES Presenting Party
Code setExternalTypeOfParty1Code
Published definition
Party nominated to receive presentation.
Code set and usage
Type of party contains 13 registered codes. Its exact identifier is ExternalTypeOfParty1Code.
Specifies the external type of party code in the format of a character string with a maximum length of 4 characters. The list of valid codes is an external code list published separately. 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 PRES. Their meanings belong to their respective sets.