Field K2-1RequiredIdentification Fields

    Metro 2 Field K2-1: K2 Segment Identifier

    Constant value identifying the appended segment as a K2 (Purchased From / Sold To). Discloses the party an account was purchased from or sold to during a portfolio transfer.

    Quick Reference

    Field Number:K2-1
    Position:1-2
    Length:2 characters
    Type:alphanumeric
    Record:K2 Segment
    Required:Yes

    Allowed Values

    ValueMeaning
    K2K2 segment identifier

    Validation Rules

    • Must contain the literal value K2
    • Must be appended to a Base Segment

    Examples

    K2

    Common Errors

    • K2 used without an actual purchase/sale event

    Tips & Best Practices

    • Use K2 to document account transfers (Status 05) cleanly

    Related Fields

    K2-3
    K2 Purchased/Sold Name
    The name of the party the account was purchased from or sold...
    K2-2
    K2 Purchased/Sold Indicator
    Single-character code stating whether the named party is who...

    Other Identification Fields

    1Record Descriptor Word2Processing Indicator4Consumer Account Number3Identification NumberH-2Record Identifier (Header)H-3Cycle Identifier

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    K2 Segment Identifier - Metro 2 Field K2-1