BUS Business function

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

Position
Element
Name
Type
Requirement
Min
Max
Repeat
010
Business function
Composite (composite)
Conditional
1
010
Business function type code qualifier
String (AN)
Mandatory
1
3
-
Code qualifying the type of business function.
020
Business function code
String (AN)
Mandatory
1
3
-
Code describing the specific business function.
030
Code list identification code
String (AN)
Conditional
1
17
-
Code identifying a user or association maintained code list.
1 The codes for this data element are provided by the code list responsible agency defined in data element 3055.
040
Code list responsible agency code
String (AN)
Conditional
1
3
-
Code specifying the agency responsible for a code list.
050
Business description
String (AN)
Conditional
1
70
-
Free form description of a business.
020
Geographic area code
String (AN)
Conditional
1
3
1
Code specifying a geographical area.
030
Financial transaction type code
String (AN)
Conditional
1
3
1
Code specifying a type of financial transaction.
040
Bank operation
Composite (composite)
Conditional
1
010
Bank operation code
String (AN)
Mandatory
1
3
-
Code specifying a bank operation.
020
Code list identification code
String (AN)
Conditional
1
17
-
Code identifying a user or association maintained code list.
1 The codes for this data element are provided by the code list responsible agency defined in data element 3055.
030
Code list responsible agency code
String (AN)
Conditional
1
3
-
Code specifying the agency responsible for a code list.
050
Intra-company payment indicator code
String (AN)
Conditional
1
3
1
Code indicating an intra-company payment.

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