BUS Business function

SegmentOptAtMax 1

To provide information related to the processing and purpose of a financial message.

Elements

Position

Element

Name

Requirement

Type

Min/Max

Repeat

Business function

Opt

AtMax 1

10	4027	Business function qualifier	Mandatory	ID	1/3	Exact 1
20	4025	Business function, coded	Mandatory	ID	1/3	Exact 1
30	1131	Code list qualifier	Opt	ID	1/3	Exact 1
40	3055	Code list responsible agency, coded	Opt	ID	1/3	Exact 1
50	4022	Business description	Opt	Alphanumeric	1/70	Exact 1

Geographic environment, coded

Opt

1/3

AtMax 1

Type of financial transaction, coded

Opt

1/3

AtMax 1

Bank operation

Opt

AtMax 1

10	4383	Bank operation, coded	Mandatory	ID	1/3	Exact 1
20	1131	Code list qualifier	Opt	ID	1/3	Exact 1
30	3055	Code list responsible agency, coded	Opt	ID	1/3	Exact 1

Intra-company payment, coded

Opt

1/3

AtMax 1

ID3279NameGeographic environment, codedLength1/3Position20TypeIDRequirementOptCodes

<>IR
International message with requirement to regulatory information to central bank.
<>EA
Message crossing at least one national boundary but confined within a specific economic area (e.g. ec, efta ...).
<>DR
Domestic message with requirement to regulatory information to central bank.
<>IN
International message as defined by relevant central bank.
<>DO
Domestic message as defined by relevant central bank.