BMP Beginning Segment for Market Development Fund Settlement
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
BMP-01
Transaction Handling Code
Identifier (ID)
Mandatory
1
2
-
Code designating the action to be taken by all parties.
BMP-02
Reference Number
String (AN)
Mandatory
1
30
-
Reference number or identification number as defined for a particular Transaction Set, or as specified by the Reference Number Qualifier.
BMP02 is the market development fund event identification number.
BMP-03
Payment Method Code
Identifier (ID)
Optional
3
3
-
Code identifying the method for the movement of payment instructions
BMP-04
Reference Number
String (AN)
Optional
1
30
-
Reference number or identification number as defined for a particular Transaction Set, or as specified by the Reference Number Qualifier.
BMP04 is the fund identification number.