4025Business function, coded

ElementBatch

Code describing the specific business function.

Element Details

Type ID

LengthMin 1 / Max 3

Codes

<>ROY
Reason for transaction is royalties.
<>BEC
Payment made to assist to parent/guardian to maintain child.
<>SUB
Reason for transaction is subscription.
<>NET
Reason for transaction is netting.
<>COC
Reason for payment is commercial credit.
<>COS
Reason for payments is costs.
<>CBF
Capital building for retirement.
<>SSB
Payment made by government to support individuals.
<>LOA
Transfer of loan to borrower.
<>AGT
Support payment to farmer.
<>ZZZ
Self explanatory.
<>CPY
Reason for payment is copyright.
<>AMY
Payment on alimony.
<>SEC
Reason for transaction is securities.
<>GDS
Reason for transaction is purchase and sale of goods.
<>BON
The reason the transaction is bonus.
<>VAT
Reason for transaction is vat.
<>LIF
Reason for transaction is licence fee.
<>SCV
Reason for transaction is purchase and sale of services.
<>BEN
Payment to person unemployed/disabled.
<>IHP
Reason for transaction is instalment or hire/purchase agreement.
<>REN
Reason for transaction is rent.
<>INS
Reason for transaction is insurance premium.
<>GVT
Payment to or from a government department.
<>TAX
Reason for transaction is tax.
<>ADV
The reason for payment is advance payment.
<>FEX
Reason for transaction is foreign exchange.
<>PEN
Reason for transaction is pension.
<>CDT
Reason for payment is commodity.
<>INT
Reason for transaction is interest.
<>DIV
Reason for payment is dividend.
<>SAL
Reason for payment is salary.
<>LOR
Repayment of loan to lender.
<>REF
Reason for transaction is refund.
<>COM
Reason for payment is commission.
<>CAS
Reason for the transaction is cash management transfer.

EDI Dictionary

4025Business function, coded

Element Details