Identifies the value as being a pre-defined code. Always CODE.
value
required
string (ExternalCashAccountType1Code)
CACC : Current - Account used to post debits and credits when no specific account has been nominated.
CARD : Card Account - Account used for credit card payments.
CASH : Cash Payment - Account used for the payment of cash.
CHAR : Charges - Account used for charges if different from the account for payment.
CISH : Cash Income - Account used for payment of income if different from the current cash account.
COMM : Commission - Account used for commission if different from the account for payment.
CPAC : Clearing Participant Settlement Account - Account used to post settlement debit and credit entries on behalf of a designated Clearing Participant.
LLSV : Limited Liquidity Savings Account - Account used for savings with special interest and withdrawal terms.
LOAN : Loan - Account used for loans.
MGLD : Marginal Lending - Account used for a marginal lending facility.
MOMA : Money Market - Account used for money markets if different from the cash account.
NREX : Non-Resident External - Account used for non-resident external.
ODFT : Overdraft - Account is used for overdrafts.
ONDP : Overnight Deposit - Account used for overnight deposits.
OTHR : Other Account - Account not otherwise specified.
SACC : Settlement - Account used to post debit and credit entries, as a result of transactions cleared and settled through a specific clearing and settlement system.
SLRY : Salary - Accounts used for salary payments.
SVGS : Savings - Account used for savings.
TAXE : Tax - Account used for taxes if different from the account for payment.
TRAN : Transacting Account - A transacting account is the most basic type of bank account that you can get. The main difference between transaction and cheque accounts is that you usually do not get a cheque book with your transacting account and neither are you offered an overdraft facility.
TRAS : Cash Trading - Account used for trading if different from the current cash account.