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4277 - |
Payment terms description identifier
UN/CEFACT Revision 2001B Code List |
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| Repr: | an..17 |
| Desc: | Identification of the terms of payment between the parties to a transaction (generic term). |
| This table also occurs in the following versions of this standard:
D00A, D00B, D01A, D01B, D01C, D02A, D02B, D03A, D03B, D04A, D04B, D93A, D94A, D94B, D95A, D95B, D96A, D96B, D97A, D97B, D98A, D98B, D99A, D99B |
| 1 | Draft(s) drawn on issuing bank |
| Draft(s) must be drawn on the issuing bank. |
| 2 | Draft(s) drawn on advising bank |
| Draft(s) must be drawn on the advising bank. |
| 3 | Draft(s) drawn on reimbursing bank |
| Draft(s) must be drawn on the reimbursing bank. |
| 4 | Draft(s) drawn on applicant |
| Draft(s) must be drawn on the applicant. |
| 5 | Draft(s) drawn on any other drawee |
| Draft(s) must be drawn on any other drawee. |
| 6 | No drafts |
| No drafts required. |
| 7 | Payment means specified in commercial account summary |
| An indication that the payment means are specified in a commercial account summary. |
| Change indicators |
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plus sign |
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An addition. |
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asterisk |
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Addition/substraction/change to a code entry for a particular data element. |
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hash or pound sign |
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Changes to names. |
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vertical bar |
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Changes to text for descriptions, notes and functions. |
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minus sign |
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A deletion. |
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letter X |
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Marked for deletion. |
| Usage indicators |
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Used in batch messages only. |
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Common usage in both batch and interactive messages. |
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Used in interactive messages only. |
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