BM Beginning Segment for Miscellaneous Billing
To transmit identifying numbers, dates and other basic data relating to the transaction set
Identifying number assigned by issuer
BM02 is the billing date.
BM03 indicates the total charges to be paid by the receiver of this transaction set expressed in the standard monetary denomintation for the currency specified.
BM03 Net Amount Due will be provided on the last BM segment.
Code used to indicate that the transaction set contains information which corrects previous information
BM05 is used for date bill due if this is different from standard credit terms; otherwise BM05 may be blank.
Code indicating type of Bill
Number assigned for differentiation within a transaction set
BM07 is a sequence number.
New sequence number qualifier