4509Credit cover response reason code
ElementBatch
Code specifying the reason for a response to a request for credit cover.
Element Details
Type ID
LengthMin 1 / Max 3
Codes
- <>10Limit given on documents against acceptance terms.
- <>6Debtor without trading, e.g. holding company.
- <>8Only the risk of insolvency is covered.
- <>15Reasons not otherwise specified here.
- <>4Debtor is newly incorporated.
- <>3Debtor ceased trading activities.
- <>13No approval or increase in credit possible.
- <>1Party requested has not provided financial information.
- <>11Limit given on documents against payment terms.
- <>14Limit reduced. e.g. cancelled due to absence of activity.
- <>7No information can be disclosed.
- <>2No financial information is available on buyer.
- <>9Limit cover conditional to buyer's acceptance of bill of exchange.
- <>12Adverse information on buyer is publicly available.
- <>5Debtor is not formally registered as legal entity.
