C019 Payment terms

Composite elementInteractive

Terms of payment information.

Elements

Position	Element	Name		Type	Min/Max	Repeat

C019-10	4277	Payment terms description identifier	Opt	ID	1/17	1
C019-20	1131	Code list identification code	Opt	Alphanumeric	1/17	1
C019-30	3055	Code list responsible agency code	Opt	ID	1/3	1
C019-40	4276	Payment terms description	Opt	Alphanumeric	1/35	1

Element Details

ID4277NamePayment terms description identifierLength1/17Codes

<>6
No drafts required.
<>4
Draft(s) must be drawn on the applicant.
<>3
Draft(s) must be drawn on the reimbursing bank.
<>1
Draft(s) must be drawn on the issuing bank.
<>7
An indication that the payment means are specified in a commercial account summary.
<>2
Draft(s) must be drawn on the advising bank.
<>5
Draft(s) must be drawn on any other drawee.

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Zenbridge comparison

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Address

Dallas Galleria One,
13355 Noel Rd, Suite 1100,
Unit #41, Dallas, TX 75240, USA

Contact : (214) 307-2223
Email : hello@zenbridge.io

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