4471Settlement, coded

ElementBatch

Indication of how allowances or charges are to be settled.

Element Details

Type ID
LengthMin 1 / Max 3
Codes
  • <>10
    Description to be provided.
  • <>17
    All bank charges associated with a documentary credit except confirmation commission are to borne by the applicant.
  • <>6
    A charge whose payment will be made by the customer.
  • <>21
    Documentary credit amendment charges are to be borne by the beneficiary.
  • <>33
    Charges levied by a third bank for providing information.
  • <>8
    Allowance as relates to the gross quantity invoiced.
  • <>15
    All the charges are to be borne by the ordering customer.
  • <>4
    An allowance will be processed for the customer by giving a credit to their account.
  • <>23
    Documentary credit discount charges are to be borne by the beneficiary.
  • <>3
    An allowance will be given to a customer from the supplier in the form of a check.
  • <>24
    All bank charges associated with a documentary credit other than those of the issuing bank are to be borne by the beneficiary.
  • <>29
    All bank charges are to be paid by the principal of the documentary credit collection.
  • <>30
    All bank charges are to be borne by the receiving bank.
  • <>13
    All charges are to be borne by the beneficiary.
  • <>16
    All bank charges associated with a documentary credit are to be borne by the applicant.
  • <>1
    Refers to a charge or allowance for the buyer and the buyer will bill back the seller.
  • <>26
    All charges are to be paid by the principal of the collection.
  • <>32
    Charges levied by a third bank.
  • <>11
    Description to be provided.
  • <>14
    Each party are to be responsible for its own charges.
  • <>7
    Self explanatory.
  • <>20
    Documentary credit amendment charges are to be borne by the applicant.
  • <>25
    All charges associated with the amendment other than those of the issuing bank are to be borne by the beneficiary.
  • <>2
    The allowance or charge is being deducted from the invoice.
  • <>9
    Description to be provided.
  • <>ZZZ
    A code reserved for special trading partner requirements when pre-defined codes do not exist.
  • <>18
    All bank charges associated with a documentary credit are to be borne by the beneficiary.
  • <>12
    Reference to an allowance or charge as being free for customs duty computation purposes.
  • <>22
    Documentary credit discount charges are to be borne by the applicant.
  • <>5
    A charge whose payment will be made by the vendor.
  • <>27
    All charges are to be paid by the drawee of the collection.
  • <>31
    All bank charges are to be borne by the sending bank.
  • <>28
    All charges are to be borne by the drawee except those levied by the remitting bank, which are to be paid by the principal.