C849 Parties to instruction

Composite elementInteractive

Identify the sending and receiving parties of the instruction.

Elements

Position	Element	Name		Type	Min/Max	Repeat

C849-10	3301	Enacting party identifier	Mandatory	ID	1/35	1
C849-20	3285	Instruction receiving party identifier	Opt	ID	1/35	1

ID3301NameEnacting party identifierLength1/35Codes

<>6
Identifies the financial institution through which the advising bank is to advise the documentary credit.
<>8
Identifies the bank from whom payment is due.
<>4
The buyer is responsible for carrying out the instruction.
<>3
The financial institution with which the beneficiary maintains an account.
<>1
The financial institution which is requested to issue the documentary credit.
<>7
Identifies the financial institution used by the issuing bank to advise the documentary credit.
<>2
The financial institution which issues the documentary credit, if the applicant's bank is not acting as the issuing bank.
<>9
The financial institution with which the ordering party maintains an account.
<>5
The seller is responsible for carrying out the instruction.