Events Settlement Settlement Terms Settlement Currency
1.6.7.3

Settlement Currency

Last update, October 28

Settlement Currency.

The currency can be:

  • a fiat currency identified by its international code under ISO 4217 standard or
  • a digital mean of payment, for example an e-money token, identified by its DTI code under ISO 24165 standard.
Standards
Framework Path Description
cdm
settlementCurrency
[CDM.attribute]cdm.product.common.settlement/SettlementBase/settlementCurrency
 The settlement currency is to be specified when the Settlement Amount cannot be known in advance. The list of valid currencies is not presently positioned as an enumeration as part of the CDM because that scope is limited to the values specified by ISDA and FpML. As a result, implementers have to make reference to the relevant standard, such as the ISO 4217 standard for currency codes.