ISO 20022 · Unit of measure
ALOW Allowances
Code setExternalUnitOfMeasure1Code
Published definition
Amount of money deducted from a price or an amount due.
Code set and usage
Unit of measure contains 96 registered codes. Its exact identifier is ExternalUnitOfMeasure1Code.
Specifies the external unit of measure by means of a code in the format of 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.