107Payment Method Type Code

Batch

Code identifying type of payment procedures

Element Details

Type ID

LengthMin 1 / Max 2

Codes

<>L
Letter of Credit
<>AE
Money Order
<>G
CCD (NACHA Corporate Credit or Debit - Funds Transacted without Remittance Information)
<>W
Waived
<>AC
Credit Card
<>J
CTX (NACHA Corporate Trade Exchange - Transaction Plus Remittance Detail in ANSI Standard Flexible Format)
<>AD
Direct Deposit
<>M
Deduction from Film Rental
<>P
Previously Charged
<>K
Private Netting, Pay by Check
<>AB
Cash
<>N
Billing Account
<>AG
Travelers Check
<>A
Private Netting Agreement, Pay by Wire Transfer
<>1
Graduated
<>Q
Petroleum Clearinghouse Bank
<>D
Debited
<>4
Level (Sum Constant)
<>T
Wire Transfer
<>AF
Special Account
<>O
CTP (NACHA Corporate Trade Payment - Transaction Plus Remittance Detail in Fixed Format)
<>B
Compensation by Balance
<>2
Income Sensitive
<>R
Related Detail Account
<>E
Electronic Payment System
<>U
Direct Pay to Others
<>AA
Bank Draft
<>H
CCD+ (NACHA Corporate Credit or Debit - Funds Transacted Plus an 80 Record Remittance Detail)
<>8
Credit Account
<>X
In Kind Payment
<>C
Pay By Check
<>3
Income Contingent
<>S
Summary Account
<>V
Lock Box
<>F
Freight Payment Bank
<>Y
Credit
<>I
Invoiced Separately