To indicate batch identifying information
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
R0103: At least one of BAT-01 or BAT-03 is required
Time expressed in 24-hour clock time as follows: HHMM, or HHMMSS, or HHMMSSD, or HHMMSSDD, where H = hours (00-23), M = minutes (00-59), S = integer seconds (00-59) and DD = decimal seconds; decimal seconds are expressed as follows: D = tenths (0-9) and DD = hundredths (00-99)
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
BAT03 is the batch number.
Code indicating batch status to customer of lockbox facilities