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
BMP01
Transaction Handling Code
Identifier (ID)
Mandatory
1
2
1
Code specifying the action to be taken by all parties
BMP02
Reference Identification
String (AN)
Mandatory
1
80
1
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.
BMP03
Payment Method Code
Identifier (ID)
Optional
3
3
1
Code identifying the method for the movement of payment instructions
BMP04
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
BMP04 is the fund identification number.

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