ISO 4217:2015 pdf download

ISO 4217:2015 pdf download

ISO 4217:2015 pdf download.Codes for the representation of currencies
1 Scope
This International Standard specifies the structure for a three-letter alphabetic code and an equivalent three-digit numeric code for the representation of currencies. For those currencies having minor units,it also shows the decimal relationship between such units and the currency itself.The scope of this International Standard also includes funds and precious metals.
This International Standard also includes basic guidelines for its maintenance.
This International Standard is intended for use in any application of trade, commerce and banking,where currencies and, where appropriate, funds are required to be described. It is designed to be equally suitable for manual users and for those employing automated systems.
2 Normative references
The following documents, in whole or in part, are normatively referenced in this document and are indispensable for its application. For dated references, only the edition cited applies. For undated references, the latest edition of the referenced document (including any amendments) applies.
ISO 3166-1:2013, Codes for the representation of names of countries and their subdivisions —Part 1: Country codes
3 Terms and definitions
For the purposes of this document, the following terms and definitions apply.
3.1 country name
name of a country, dependency or other area of particular geopolitical interest
3.2 currency
medium of exchange of value, defined by reference to the geographical location of the monetary authorities responsible for it
3.3 fund
artificial currency used as calculation basis for another currency (or currencies) and/or for accounting purposes
3.4 minor unit
unit of recorded value (i.e. as recorded by banks) which is a division of the respective unit of currency or fund
EXAMPLE The US cent is a one hundredth part of the US dollar; the GB penny is a one hundredth part of the pound sterling.
Note 1 to entry: Some currencies have minor units that are used in low-value coinage within a country or locality,but which are not used by the national or international banking system in making formal records of value.
3.5 redenomination
amendment to the unit value of a currency, a minor unit amendment or a currency name amendment
3.6 monetary authority
authority that has the monetary sovereignty to exercise legal control over the currency of a country or countries and that is entitled to determine the currency unit, the denominations, etc.
3.7 currency basket
selected group of currencies, in which the weighted average is used as a measure of the value or the amount of an obligation
Note 1 to entry: A currency basket functions as a benchmark for regional currency movements; its composition and weighting depends on its purpose.