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| Element | financialAccountNumberTypeCode

| Occurrence: | 1 | .. | 1 |

| Scheme-Status: | M |

| Type: | shared_common:FinancialAccountNumberTypeCodeType |

| Definition: | Identifies the type of financial account number. |
| Business term: | Account type code |
| Status: | R |
| Example: | BUSINESS_ACCOUNT |
| Remark: | Account type |

| Applicable Codes: |
| Code | Code Name
| Code Description
| BBAN_IDENTIFICATION
| BBAN Identification
| Basic Bank Account Number (BBAN) is an internationally agreed means of identification bank accounts within a country. Release notes: New in version 2.
| BUSINESS_ACCOUNT
| Business Account
| An identifying number or code assigned by issuing authorities to manage business activities. Note: 1. This code value will be removed effective with directory D.04A. (UN/CEFACT)
| BUSINESS_ACCOUNT_DEPOSIT
| Business Account
| An identifying number or code assigned by issuing authorities to manage business activities. Note: 1. This code value will be removed effective with directory D.04A. (UN/CEFACT) Release notes: Marked for deletion in version 2.
| CHECKING_ACCOUNT
| Checking Account
| US term corresponding to "current account" in the UK. A demand deposit account, withdrawals from which may be made by a written, negotiable instrument.
| CHECKING_ACCOUNT_DEPOSIT
| Checking Account
| US term corresponding to "current account" in the UK. A demand deposit account, withdrawals from which may be made by a written, negotiable instrument. Release notes: Marked for deletion in version 2.
| IBAN_IDENTIFICATION
| IBAN Identification
| The International Bank Account Number (IBAN) is an internationally agreed means of identifying bank accounts across national borders. Release notes: New in version 2.
| TIME_DEPOSIT
| Time Deposit
| The resource value of a time deposit is the net amount due after penalties are imposed for early withdrawal. If the funds cannot be withdrawn before maturity, the time deposit is not a resource until it matures. Time deposits include but are not limited to certificates of deposit, savings certificates, and individual retirement accounts (IRAs). Release notes: Marked for deletion in version 2.

Status: M=Mandatory, C=Conditional, R=Required, O=Optional, A=Advised, D=Dependent