BMP Beginning Segment for Market Development Fund Settlement

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

Position: BMP-01 · Element: 305 · Name: Transaction Handling Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 1 · Max: 2 · Repeat: 1

Code specifying the action to be taken by all parties

Position: BMP-02 · Element: 127 · Name: Reference Identification · Type: String (AN) · Requirement: Mandatory · Min: 1 · Max: 80 · Repeat: 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.

Position: BMP-03 · Element: 591 · Name: Payment Method Code · Type: Identifier (ID) · Requirement: Optional · Min: 3 · Max: 3 · Repeat: 1

Code identifying the method for the movement of payment instructions

Position: BMP-04 · Element: 127 · Name: Reference Identification · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 80 · Repeat: 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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