1048 Business Function Code

Code identifying the business reason for this payment

Batch

Element Details

Type ID
LengthMin 1 / Max 3
Codes
  • <>CON
    Consumer Third Party Consolidated Payment
  • <>PRL
    Payroll Payment
  • <>RYL
    Royalty Payment
  • <>DBT
    Debt Collection Payment
  • <>VEN
    Vendor Payment
  • <>TAX
    Tax Payment
  • <>COL
    Collection, Receipts
  • <>PCS
    Payment of Child Support
  • <>PEN
    Pension Payment