54Risk of Loss Code

Batch

Code specifying where responsibility for risk of loss passes

Element Details

Type ID
LengthMin 2 / Max 2
Codes
  • <>IMShared Risk and Investor Markets
  • <>PPRisk of Loss in Transit to Pool Point is Seller's
  • <>ZZMutually Defined
  • <>BYRisk of Loss in Transit to Destination is Buyer's
  • <>SERisk of Loss in Transit to Destination is Seller's
  • <>LRLender Risk
  • <>FERisk of Loss in Transit to Freight Equalization Point is Seller's
  • <>IRInvestor Risk
  • <>SRShared Risk and Lender Markets