Iso20022

AccountClosingRequestV03

acmt.019.001.03

The AccountClosingRequest message is sent from an organisation to a financial institution as part of the account closing process. It is the initial request message to close an account.

Message Construction

Every ISO20022 message has at the highest level what we call ‘building blocks’. Because the message is constructed as immutable records, the association is by composition. Below you can see the relationship between the message and its constituent building blocks: For comparison, see the ISO20022 official specification

classDiagram
     direction LR
%% AccountClosingRequestV03 recursion level 0 with max 0
AccountClosingRequestV03 *-- "1..1" References4 : References
AccountClosingRequestV03 *-- "0..1" OrganisationIdentification29 : From
AccountClosingRequestV03 *-- "1..1" AccountForAction2 : AccountIdentification
AccountClosingRequestV03 *-- "1..1" BranchAndFinancialInstitutionIdentification6 : AccountServicerIdentification
AccountClosingRequestV03 *-- "1..1" Organisation34 : OrganisationIdentification
AccountClosingRequestV03 *-- "0..1" AccountContract4 : ContractDates
AccountClosingRequestV03 *-- "0..1" AccountForAction1 : BalanceTransferAccount
AccountClosingRequestV03 *-- "0..1" BranchAndFinancialInstitutionIdentification6 : TransferAccountServicerIdentification
AccountClosingRequestV03 *-- "0..1" PartyAndSignature3 : DigitalSignature
AccountClosingRequestV03 *-- "0..1" SupplementaryData1 : SupplementaryData

Now, we will zero-in one-by-one on each of these building blocks.

References building block

Set of elements for the identification of the message and related references. Set of elements for the identification of the message and related references. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% References4 recursion level 0 with max 1
class References4{
    AttachedDocumentName IsoMax70Text
}
References4 *-- "1..1" MessageIdentification1 : MessageIdentification
References4 *-- "1..1" MessageIdentification1 : ProcessIdentification
%% MessageIdentification1 recursion level 1 with max 1
class MessageIdentification1{
    Identification IsoMax35Text
    CreationDateTime IsoISODateTime
}
%% MessageIdentification1 recursion level 1 with max 1
class MessageIdentification1{
    Identification IsoMax35Text
    CreationDateTime IsoISODateTime
}

References4 members

Member name Description Data Type / Multiplicity
MessageIdentification Identifies a message by a unique identifier and the date and time when the message was created by the sender. MessageIdentification1 - Required 1..1
ProcessIdentification Identifies a process by a unique identifier and the date and time when the first message belonging to the process was created by the sender. The process identification remains the same in all messages belonging to the same process, from the initial request message to the final account report closing the process. MessageIdentification1 - Required 1..1
AttachedDocumentName File name of a document logically related to the request. IsoMax70Text - Unknown 0..0

From building block

Identifies the business sender of the message, if it is not the account owner or account servicing financial institution. Unique and unambiguous way to identify an organisation. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% OrganisationIdentification29 recursion level 0 with max 1
class OrganisationIdentification29{
    AnyBIC IsoAnyBICDec2014Identifier
    LEI IsoLEIIdentifier
}
OrganisationIdentification29 *-- "0..0" GenericOrganisationIdentification1 : Other
%% GenericOrganisationIdentification1 recursion level 1 with max 1
class GenericOrganisationIdentification1{
    Identification IsoMax35Text
    Issuer IsoMax35Text
}
GenericOrganisationIdentification1 *-- "0..1" IOrganisationIdentificationSchemeName1Choice : SchemeName

OrganisationIdentification29 members

Member name Description Data Type / Multiplicity
AnyBIC Business identification code of the organisation. IsoAnyBICDec2014Identifier - Optional 0..1
LEI Legal entity identification as an alternate identification for a party. IsoLEIIdentifier - Optional 0..1
Other Unique identification of an organisation, as assigned by an institution, using an identification scheme. GenericOrganisationIdentification1 - Unknown 0..0

AccountIdentification building block

Unique and unambiguous identification of the account between the account owner and the account servicer. Account to or from which a cash entry is made. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AccountForAction2 recursion level 0 with max 1
class AccountForAction2{
    Name IsoMax70Text
    Currency ActiveCurrencyCode
}
AccountForAction2 *-- "1..1" IAccountIdentification4Choice : Identification
%% IAccountIdentification4Choice recursion level 1 with max 1

AccountForAction2 members

Member name Description Data Type / Multiplicity
Identification Unique and unambiguous identification for the account between the account owner and the account servicer. IAccountIdentification4Choice - Required 1..1
Name Name of the account. In case of conflict between the Account Identification and the Account Name, it is recommended that the Account Servicer ask for clarification by means of the Request for Additional Information message. IsoMax70Text - Optional 0..1
Currency Medium of exchange of value. ActiveCurrencyCode - Required 1..1

AccountServicerIdentification building block

Unique and unambiguous identifier of a financial institution, as assigned under an internationally recognised or proprietary identification scheme. Unique and unambiguous identification of a financial institution or a branch of a financial institution. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% BranchAndFinancialInstitutionIdentification6 recursion level 0 with max 1
BranchAndFinancialInstitutionIdentification6 *-- "1..1" FinancialInstitutionIdentification18 : FinancialInstitutionIdentification
BranchAndFinancialInstitutionIdentification6 *-- "0..1" BranchData3 : BranchIdentification
%% FinancialInstitutionIdentification18 recursion level 1 with max 1
class FinancialInstitutionIdentification18{
    BICFI IsoBICFIDec2014Identifier
    LEI IsoLEIIdentifier
    Name IsoMax140Text
}
FinancialInstitutionIdentification18 *-- "0..1" ClearingSystemMemberIdentification2 : ClearingSystemMemberIdentification
FinancialInstitutionIdentification18 *-- "0..1" PostalAddress24 : PostalAddress
FinancialInstitutionIdentification18 *-- "0..1" GenericFinancialIdentification1 : Other
%% BranchData3 recursion level 1 with max 1
class BranchData3{
    Identification IsoMax35Text
    LEI IsoLEIIdentifier
    Name IsoMax140Text
}
BranchData3 *-- "0..1" PostalAddress24 : PostalAddress

BranchAndFinancialInstitutionIdentification6 members

Member name Description Data Type / Multiplicity
FinancialInstitutionIdentification Unique and unambiguous identification of a financial institution, as assigned under an internationally recognised or proprietary identification scheme. FinancialInstitutionIdentification18 - Required 1..1
BranchIdentification Identifies a specific branch of a financial institution.

OrganisationIdentification building block

Identification of the organisation requesting the change. Information which describes the organisation. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% Organisation34 recursion level 0 with max 1
class Organisation34{
    FullLegalName IsoMax350Text
}
Organisation34 *-- "1..1" OrganisationIdentification29 : OrganisationIdentification
%% OrganisationIdentification29 recursion level 1 with max 1
class OrganisationIdentification29{
    AnyBIC IsoAnyBICDec2014Identifier
    LEI IsoLEIIdentifier
}
OrganisationIdentification29 *-- "0..0" GenericOrganisationIdentification1 : Other

Organisation34 members

Member name Description Data Type / Multiplicity
FullLegalName Name by which a party is known and which is usually used to identify that party. IsoMax350Text - Optional 0..1
OrganisationIdentification Unique and unambiguous way of identifying an organisation. OrganisationIdentification29 - Required 1..1

ContractDates building block

Specifies target dates. Specifies target dates dates related to account opening and closing. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AccountContract4 recursion level 0 with max 1
class AccountContract4{
    TargetClosingDate IsoISODate
    UrgencyFlag IsoYesNoIndicator
    RemovalIndicator IsoYesNoIndicator
}

AccountContract4 members

Member name Description Data Type / Multiplicity
TargetClosingDate Date on which the account and related services are expected to cease to be operational for the account owner. IsoISODate - Optional 0..1
UrgencyFlag Indicator that the account opening/maintenance/closing process needs to be treated urgently, that is, sooner than the terms established by the service level agreed between the account holder customer and the account servicing institution. IsoYesNoIndicator - Optional 0..1
RemovalIndicator Indicates removal of the account. After removal, an account will not appear anymore in reports. IsoYesNoIndicator - Optional 0..1

BalanceTransferAccount building block

Identification of the account to which the remaining positive balance of the account to be closed must be transferred or account from which funds can be moved to the account to be closed and which balance is negative. This account must be held in the same financial institution as the account to be closed if the transfer account is used to compensate a negative balance. For a positive balance to be transferred, an account in another financial institution might be used. In that case the account servicer is mandatory. Account to or from which a cash entry is made. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AccountForAction1 recursion level 0 with max 1
class AccountForAction1{
    Currency ActiveCurrencyCode
}
AccountForAction1 *-- "1..1" IAccountIdentification4Choice : Identification
%% IAccountIdentification4Choice recursion level 1 with max 1

AccountForAction1 members

Member name Description Data Type / Multiplicity
Identification Unique and unambiguous identification for the account between the account owner and the account servicer. IAccountIdentification4Choice - Required 1..1
Currency Medium of exchange of value. ActiveCurrencyCode - Required 1..1

TransferAccountServicerIdentification building block

Unique and unambiguous identifier of a financial institution, as assigned under an internationally recognised or proprietary identification scheme, that is the servicer of the transfer account. Unique and unambiguous identification of a financial institution or a branch of a financial institution. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% BranchAndFinancialInstitutionIdentification6 recursion level 0 with max 1
BranchAndFinancialInstitutionIdentification6 *-- "1..1" FinancialInstitutionIdentification18 : FinancialInstitutionIdentification
BranchAndFinancialInstitutionIdentification6 *-- "0..1" BranchData3 : BranchIdentification
%% FinancialInstitutionIdentification18 recursion level 1 with max 1
class FinancialInstitutionIdentification18{
    BICFI IsoBICFIDec2014Identifier
    LEI IsoLEIIdentifier
    Name IsoMax140Text
}
FinancialInstitutionIdentification18 *-- "0..1" ClearingSystemMemberIdentification2 : ClearingSystemMemberIdentification
FinancialInstitutionIdentification18 *-- "0..1" PostalAddress24 : PostalAddress
FinancialInstitutionIdentification18 *-- "0..1" GenericFinancialIdentification1 : Other
%% BranchData3 recursion level 1 with max 1
class BranchData3{
    Identification IsoMax35Text
    LEI IsoLEIIdentifier
    Name IsoMax140Text
}
BranchData3 *-- "0..1" PostalAddress24 : PostalAddress

BranchAndFinancialInstitutionIdentification6 members

Member name Description Data Type / Multiplicity
FinancialInstitutionIdentification Unique and unambiguous identification of a financial institution, as assigned under an internationally recognised or proprietary identification scheme. FinancialInstitutionIdentification18 - Required 1..1
BranchIdentification Identifies a specific branch of a financial institution.

DigitalSignature building block

Contains the signature with its components, namely signed info, signature value, key info and the object. Entity involved in an activity. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% PartyAndSignature3 recursion level 0 with max 1
PartyAndSignature3 *-- "1..1" PartyIdentification135 : Party
PartyAndSignature3 *-- "1..1" IsoSkipPayload : Signature
%% PartyIdentification135 recursion level 1 with max 1
class PartyIdentification135{
    Name IsoMax140Text
    CountryOfResidence CountryCode
}
PartyIdentification135 *-- "0..1" PostalAddress24 : PostalAddress
PartyIdentification135 *-- "0..1" IParty38Choice : Identification
PartyIdentification135 *-- "0..1" Contact4 : ContactDetails
%% IsoSkipPayload recursion level 1 with max 1

PartyAndSignature3 members

Member name Description Data Type / Multiplicity
Party Entity involved in an activity. PartyIdentification135 - Required 1..1
Signature Signature of a party. IsoSkipPayload - Required 1..1

SupplementaryData building block

Additional information that cannot be captured in the structured elements and/or any other specific block. Additional information that can not be captured in the structured fields and/or any other specific block. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% SupplementaryData1 recursion level 0 with max 1
class SupplementaryData1{
    PlaceAndName IsoMax350Text
}
SupplementaryData1 *-- "1..1" IsoSupplementaryDataEnvelope1 : Envelope
%% IsoSupplementaryDataEnvelope1 recursion level 1 with max 1

SupplementaryData1 members

Member name Description Data Type / Multiplicity
PlaceAndName Unambiguous reference to the location where the supplementary data must be inserted in the message instance. In the case of XML, this is expressed by a valid XPath. IsoMax350Text - Optional 0..1
Envelope Technical element wrapping the supplementary data. IsoSupplementaryDataEnvelope1 - Required 1..1

Extensibility and generalization considerations

To facilitate generalized design patterns in the system, the AccountClosingRequestV03 implementation follows a specific implementaiton pattern. First of all, AccountClosingRequestV03 impleemnts IOuterRecord indicating it is the outermost logical part of the message definition. Like all message wrappers, AccountClosingRequestV03Document implements IOuterDocument. Because AccountClosingRequestV03 implements IOuterDocument, it is a suitable template parameter for IOuterDocument, and causes the internal ‘Message’ to be of type AccountClosingRequestV03.

classDiagram
    class IOuterRecord
    AccountClosingRequestV03 --|> IOuterRecord : Implements
    AccountClosingRequestV03Document --|> IOuterDocument~AccountClosingRequestV03~ : Implements
    class IOuterDocument~AccountClosingRequestV03~ {
        AccountClosingRequestV03 Message
     }

Document wrapper for serialization

The only real purpose AccountClosingRequestV03Document serves is to cause the document to be serialized into the ‘urn:iso:std:iso:20022:tech:xsd:acmt.019.001.03’ namespace. Therefore, it will probably be the usual practice to build the message and construct this wrapper at the last minute using AccountClosingRequestV03.ToDocument() method. The returned AccountClosingRequestV03Document value will serialize correctly according to ISO 20022 standards.

classDiagram
    AccountClosingRequestV03Document *-- AccountClosingRequestV03 : Document

Sample of message format

This is an abbreviated version of what the message should look like.

<Document xmlns="urn:iso:std:iso:20022:tech:xsd:acmt.019.001.03">
    <AcctClsgReq>
        <Refs>
            <!-- References inner content -->
        </Refs>
        <Fr>
            <!-- From inner content -->
        </Fr>
        <AcctId>
            <!-- AccountIdentification inner content -->
        </AcctId>
        <AcctSvcrId>
            <!-- AccountServicerIdentification inner content -->
        </AcctSvcrId>
        <OrgId>
            <!-- OrganisationIdentification inner content -->
        </OrgId>
        <CtrctDts>
            <!-- ContractDates inner content -->
        </CtrctDts>
        <BalTrfAcct>
            <!-- BalanceTransferAccount inner content -->
        </BalTrfAcct>
        <TrfAcctSvcrId>
            <!-- TransferAccountServicerIdentification inner content -->
        </TrfAcctSvcrId>
        <DgtlSgntr>
            <!-- DigitalSignature inner content -->
        </DgtlSgntr>
        <SplmtryData>
            <!-- SupplementaryData inner content -->
        </SplmtryData>
    </AcctClsgReq>
</Document>

Data from ISO specification

This is the technical data from the specification document.

<messageDefinition
  xmi:id="_bf9RM22PEei3KuUgpx7Xcw"
  previousVersion="_TZBfEQ1TEeKGXqvMN6jpiw"
  name="AccountClosingRequestV03"
  definition="The AccountClosingRequest message is sent from an organisation to a financial institution as part of the account closing process. It is the initial request message to close an account."
  registrationStatus="Registered"
  messageSet="_wRoFxE2rEeG_I4xRYCA_7g"
  xmlTag="AcctClsgReq"
  rootElement="Document"
  xmlns:xmi="http://www.omg.org/XMI">
  <messageBuildingBlock
    xmi:id="_bf9RNW2PEei3KuUgpx7Xcw"
    previousVersion="_TZBfEw1TEeKGXqvMN6jpiw"
    name="References"
    definition="Set of elements for the identification of the message and related references."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="Refs"
    complexType="_Qn9899p-Ed-ak6NoX_4Aeg_-250058534" />
  <messageBuildingBlock
    xmi:id="_bf9RN22PEei3KuUgpx7Xcw"
    previousVersion="_84cb0A1XEeKGXqvMN6jpiw"
    name="From"
    definition="Identifies the business sender of the message, if it is not the account owner or account servicing financial institution."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="Fr"
    complexType="_6VggQW48EeiU9cctagi5ow" />
  <messageBuildingBlock
    xmi:id="_bf9ROW2PEei3KuUgpx7Xcw"
    previousVersion="_TZBfFw1TEeKGXqvMN6jpiw"
    name="AccountIdentification"
    definition="Unique and unambiguous identification of the account between the account owner and the account servicer."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="AcctId"
    complexType="_Itngkw38EeKGXqvMN6jpiw" />
  <messageBuildingBlock
    xmi:id="_bf9RO22PEei3KuUgpx7Xcw"
    previousVersion="_TZBfGw1TEeKGXqvMN6jpiw"
    name="AccountServicerIdentification"
    definition="Unique and unambiguous identifier of a financial institution, as assigned under an internationally recognised or proprietary identification scheme."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="AcctSvcrId"
    complexType="_8nO10W49EeiU9cctagi5ow" />
  <messageBuildingBlock
    xmi:id="_bf9RPW2PEei3KuUgpx7Xcw"
    previousVersion="_TZBfHw1TEeKGXqvMN6jpiw"
    name="OrganisationIdentification"
    definition="Identification of the organisation requesting the change."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="OrgId"
    complexType="_CaSPCW49EeiU9cctagi5ow" />
  <messageBuildingBlock
    xmi:id="_bf9RP22PEei3KuUgpx7Xcw"
    previousVersion="_TZBfIw1TEeKGXqvMN6jpiw"
    name="ContractDates"
    definition="Specifies target dates."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="CtrctDts"
    complexType="_UkGbYdp-Ed-ak6NoX_4Aeg_197946061" />
  <messageBuildingBlock
    xmi:id="_bf9RQW2PEei3KuUgpx7Xcw"
    previousVersion="_TZBfJw1TEeKGXqvMN6jpiw"
    name="BalanceTransferAccount"
    definition="Identification of the account to which the remaining positive balance of the account to be closed must be transferred or account from which funds can be moved to the account to be closed and which balance is negative. This account must be held in the same financial institution as the account to be closed if the transfer account is used to compensate a negative balance. For a positive balance to be transferred, an account in another financial institution might be used. In that case the account servicer is mandatory."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="BalTrfAcct"
    complexType="_SN5Y9Np-Ed-ak6NoX_4Aeg_1820239688" />
  <messageBuildingBlock
    xmi:id="_bf9RQ22PEei3KuUgpx7Xcw"
    previousVersion="_TZBfKw1TEeKGXqvMN6jpiw"
    name="TransferAccountServicerIdentification"
    definition="Unique and unambiguous identifier of a financial institution, as assigned under an internationally recognised or proprietary identification scheme, that is the servicer of the transfer account."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="TrfAcctSvcrId"
    complexType="_8nO10W49EeiU9cctagi5ow" />
  <messageBuildingBlock
    xmi:id="_bf9RRW2PEei3KuUgpx7Xcw"
    previousVersion="_TZBfLw1TEeKGXqvMN6jpiw"
    name="DigitalSignature"
    definition="Contains the signature with its components, namely signed info, signature value, key info and the object."
    registrationStatus="Provisionally Registered"
    minOccurs="0"
    xmlTag="DgtlSgntr"
    complexType="_Q_AvW3R1EeiH1ZOt2UD8vQ" />
  <messageBuildingBlock
    xmi:id="_bf9RR22PEei3KuUgpx7Xcw"
    previousVersion="_zC_N0A4AEeKGXqvMN6jpiw"
    name="SupplementaryData"
    definition="Additional information that cannot be captured in the structured elements and/or any other specific block."
    registrationStatus="Provisionally Registered"
    minOccurs="0"
    xmlTag="SplmtryData"
    complexType="_Qn0zC9p-Ed-ak6NoX_4Aeg_468227563" />
  <messageDefinitionIdentifier
    businessArea="acmt"
    messageFunctionality="019"
    flavour="001"
    version="03" />
</messageDefinition>

ISO Building Blocks

The following items are used as building blocks to construct this message.