4277 - |
Terms of payment identification |
|
| 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. |