4487Type of financial transaction, coded

ElementBatch

Specification of the type of a financial transaction in coded form.

Element Details

Type ID

LengthMin 1 / Max 3

Codes

<>7
The documentary credit is irrevocable and may be transferred to a second beneficiary.
<>1
Payment under open account terms.
<>4
Payment relating to a documentary settlement.
<>5
The documentary credit is irrevocable.
<>8
The documentary credit is revocable and may be transferred to a second beneficiary.
<>6
The documentary credit is revocable.