# externalcashaccount

Type of external cash account. The list is based on ISO20022 ExternalCashAccountType1Code List [27-Aug-2021](https://www.iso20022.org/sites/default/files/2021-08/ExternalCodeSets_2Q2021.xlsx). The value of this property **must** be equal to one of the [known values](#known-values).

## Known values

| Value | Description |
|  --- | --- |
| `CACC` | Account used to post debits and credits when no specific account has been nominated. |
| `CARD` | Card Account. |
| `CASH` | Account used for the payment of cash. |
| `CHAR` | Account used for charges if different from the account for payment. |
| `CISH` | Account used for payment of income if different from the current cash account. |
| `COMM` | Account used for commission if different from the account for payment. |
| `CPAC` | Account used to post settlement debit and credit entries on behalf of a designated Clearing Participant. |
| `LLSV` | Account used for savings with special interest and withdrawal terms. |
| `LOAN` | Account used for loans. |
| `MGLD` | Account used for a marginal lending facility. |
| `MOMA` | Account used for money markets if different from the cash account. |
| `NREX` | Account used for non-resident external. |
| `ODFT` | Account is used for overdrafts. |
| `ONDP` | Account used for overnight deposits. |
| `OTHR` | Account not otherwise specified. |
| `SACC` | Account used to post debit and credit entires, as a result of transactions cleared and settled through a specific clearing and settlement system. |
| `SLRY` | Account used for salary payments. |
| `SVGS` | Account used for savings. |
| `TAXE` | Account used for taxes if different from the account for payment. |
| `TRAN` | A transacting account is the most basic type of bank account that you can get. The main difference between transaction and check accounts is that you usually do not get a check book with your transacting account and neither are you offered an overdraft facility. |
| `TRAS` | Account used for trading if different from the current cash account. |


## JSON schema extract


```json
"externalcashaccount": {
			"type": "string",
			"description": "List based on ISO20022 ExternalCashAccountType1Code List 29May2020",
			"enum": [
				"CACC",
				"CARD",
				"CASH",
				"CHAR",
				"CISH",
				"COMM",
				"CPAC",
				"LLSV",
				"LOAN",
				"MGLD",
				"MOMA",
				"NREX",
				"ODFT",
				"ONDP",
				"OTHR",
				"SACC",
				"SLRY",
				"SVGS",
				"TAXE",
				"TRAN",
				"TRAS"
			]
}
```