TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BUSINESS FUNCTION CODE [1 record]

Record 1 2016-02-26

English

Subject field(s)
  • Banking
  • Financial Institutions
DEF

A code specified by the originator or the originator's financial institution to identify the originator's underlying business intent or purpose for the transfer to facilitate routing and/or reconciliation by the beneficiary or the beneficiary's financial institution.

OBS

business function code: term and definition standardized by the International Organization for Standardization (ISO) in 1993.

French

Domaine(s)
  • Banque
  • Institutions financières
DEF

Code précisé par le donneur d'ordre ou l'institution financière du donneur d'ordre visant à identifier l'intention ou le but principal du donneur d'ordre pour le transfert afin de faciliter l'acheminement et/ou le rapprochement de comptes par le bénéficiaire ou l'institution financière du bénéficiaire.

OBS

code de fonction commerciale : terme et définition normalisés par l'Organisation internationale de normalisation (ISO) en 1993.

Spanish

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