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v1.0.4-LATEST

Settlement Description

Architectural Definition

Free-text description for settlement within Retail Banking processes in Banking & Finance implementations. Used for reporting, integrations, and downstream analytics.

Schema Preview

● application/json
{
  "entity": "settlement-description",
  "domain": "banking-finance",
  "metadata": {
    "displayName": "Settlement Description",
    "status": "DRAFT",
    "version": "1.0.4",
    "isStandardized": false
  }
}
Standard
ISO-8601
Data Type
String/Obj
Steward
Arch Council
Verified
Feb 2026