54Risk of Loss Code

Batch

Code specifying where responsibility for risk of loss passes

Element Details

Type ID
LengthMin 2 / Max 2
Codes
  • <>IM
    Shared Risk and Investor Markets
  • <>PP
    Risk of Loss in Transit to Pool Point is Seller's
  • <>ZZ
    Mutually Defined
  • <>BY
    Risk of Loss in Transit to Destination is Buyer's
  • <>SE
    Risk of Loss in Transit to Destination is Seller's
  • <>LR
    Lender Risk
  • <>FE
    Risk of Loss in Transit to Freight Equalization Point is Seller's
  • <>IR
    Investor Risk
  • <>SR
    Shared Risk and Lender Markets