BMP Beginning Segment for Market Development Fund Settlement

To indicate identifying numbers and other basic data relative to market development funds

Position
Element
Name
Type
Requirement
Min
Max
Repeat
BMP-01
Transaction Handling Code
Identifier (ID)
Mandatory
1
2
-
Code designating the action to be taken by all parties
BMP-02
Reference Identification
String (AN)
Mandatory
1
30
-
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
BMP02 is the market development fund event identification number.
BMP-03
Payment Method Code
Identifier (ID)
Optional
3
3
-
Code identifying the method for the movement of payment instructions
BMP-04
Reference Identification
String (AN)
Optional
1
30
-
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
BMP04 is the fund identification number.

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