3301Party enacting instruction identification

ElementBatch

Party responsible for carrying out the instruction.

Element Details

Type ID
LengthMin 1 / Max 17
Codes
  • <>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.
  • <>2
    The financial institution which issues the documentary credit, if the applicant's bank is not acting as the issuing bank.
  • <>5
    The seller is responsible for carrying out the instruction.