FAA Financial Asset Account

To provide duration, amount and associated information on financial assets

Position
Element
Name
Type
Requirement
Min
Max
Repeat
FAA-01
Account Number Qualifier
Identifier (ID)
Mandatory
1
3
1
Code indicating the type of account
FAA01 defines the type of financial asset or account.
FAA-02
Account Number
String (AN)
Optional
1
35
1
Account number assigned
FAA-03
Date
Date (DT)
Optional
8
8
1
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
FAA03 defines the date a financial asset account was opened.
FAA-04
Monetary Amount
Decimal number (R)
Optional
1
18
1
Monetary amount
FAA04 defines the current balance amount or valuation.
FAA-05
Type of Account Code
Identifier (ID)
Optional
2
2
1
Code defining the type of ownership
FAA05 defines the type of account ownership.
FAA-06
Monetary Amount
Decimal number (R)
Optional
1
18
1
Monetary amount
FAA06 defines the average balance or value of an asset or account.
FAA-07
Composite Unit of Measure
Composite (composite)
Conditional
1
01
Unit or Basis for Measurement Code
Identifier (ID)
Mandatory
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
02
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-02 is not used, its value is to be interpreted as 1.
03
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-03 is not used, its value is to be interpreted as 1.
04
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
05
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-05 is not used, its value is to be interpreted as 1.
06
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-06 is not used, its value is to be interpreted as 1.
07
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
08
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-08 is not used, its value is to be interpreted as 1.
09
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-09 is not used, its value is to be interpreted as 1.
10
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
11
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-11 is not used, its value is to be interpreted as 1.
12
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-12 is not used, its value is to be interpreted as 1.
13
Unit or Basis for Measurement Code
Identifier (ID)
Optional
2
2
-
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
14
Exponent
Decimal number (R)
Optional
1
15
-
Power to which a unit is raised
If C001-14 is not used, its value is to be interpreted as 1.
15
Multiplier
Decimal number (R)
Optional
1
10
-
Value to be used as a multiplier to obtain a new value
If C001-15 is not used, its value is to be interpreted as 1.
FAA-08
Quantity
Decimal number (R)
Conditional
1
15
1
Numeric value of quantity
FAA08 defines the number of time periods used to figure the average balance.
FAA-09
Date/Time Qualifier
Identifier (ID)
Optional
3
3
1
Code specifying type of date or time, or both date and time
C0911: If FAA-09 is present, then FAA-11 is required
FAA-10
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
1
Code indicating the date format, time format, or date and time format
P1011: If either FAA-10 or FAA-11 is present, then the other is required
FAA-11
Date Time Period
String (AN)
Conditional
1
35
1
Expression of a date, a time, or range of dates, times or dates and times
FAA-12
Reference Identification Qualifier
Identifier (ID)
Conditional
2
3
1
Code qualifying the Reference Identification
P1213: If either FAA-12 or FAA-13 is present, then the other is required
FAA12 defines asset identification type.
FAA-13
Reference Identification
String (AN)
Conditional
1
80
1
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
FAA-14
Reference Identification
String (AN)
Optional
1
80
1
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
FAA-15
Maintenance Type Code
Identifier (ID)
Optional
3
3
1
Code identifying the specific type of item maintenance
FAA15 defines the type of verification to be obtained for a financial asset account.

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