4471Settlement, coded

ElementBatch

Indication of how allowances or charges are to be settled.

Element Details

Type ID
LengthMin 1 / Max 3
Codes
  • <>10
    Gas cost recovery factor_description to be provided.
  • <>6
    Charge to be paid by customer_a charge whose payment will be made by the customer.
  • <>21
    Amendment charges borne by beneficiary_documentary credit amendment charges are to be paid by the beneficiary.
  • <>8
    Off gross quantity invoiced_allowance as relates to the gross quantity invoiced.
  • <>15
    All charges borne by payor_all the charges are to be borne by the ordering customer.
  • <>4
    Credit customer account_an allowance will be processed for the customer by giving a credit to their account.
  • <>23
    Discount charges borne by beneficiary_documentary credit discount charges are to be paid by the beneficiary.
  • <>3
    Vendor check to customer_an allowance will be given to a customer from the supplier in the form of a check.
  • <>19
    All bank charges outside country of applicant borne by beneficiary_all bank charges associated with a documentary credit, incurred outside the country of the applicant, are to be paid by the beneficiary.
  • <>13
    All charges borne by payee_all charges are to be borne by the beneficiary.
  • <>16
    All bank charges borne by applicant_all bank charges associated with a documentary credit are to be paid by the applicant or account party.
  • <>1
    Bill back_refers to a charge or allowance for the buyer and the buyer will bill back the seller.
  • <>11
    Prior credit balance_description to be provided.
  • <>14
    Each pay own cost_each party are to be responsible for its own charges.
  • <>7
    Optional_self explanatory.
  • <>20
    Amendment charges borne by applicant_documentary credit amendment charges are to be paid by the applicant.
  • <>2
    Off invoice_the allowance or charge is being deducted from the face of the document.
  • <>9
    Electric cost recovery factor_description to be provided.
  • <>ZZZ
    Mutually defined_a code reserved for special trading partner requirements when pre-defined codes do not exist.
  • <>18
    All bank charges borne by beneficiary_all bank charges associated with a documentary credit are to be paid by the beneficiary.
  • <>12
    Non-dutiable_reference to an allowance or charge as being free for customs duty computation purposes.
  • <>22
    Discount charges borne by applicant_documentary credit discount charges are to be paid by the applicant.
  • <>5
    Charge to be paid by vendor_a charge whose payment will be made by the vendor.