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
  • <>10
    Irrevocable and transferable standby letter of credit.
  • <>6
    The documentary credit is revocable.
  • <>8
    The documentary credit is revocable and may be transferred to a second beneficiary.
  • <>4
    Payment relating to a documentary settlement.
  • <>1
    Payment under open account terms.
  • <>11
    Revocable standby letter of credit.
  • <>7
    The documentary credit is irrevocable and may be transferred to a second beneficiary.
  • <>9
    Revocable and transferable standby letter of credit.
  • <>12
    Irrevocable standby letter of credit.
  • <>5
    The documentary credit is irrevocable.