4487 - |
Type of financial transaction, coded |
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| Repr: | an..3 | |
| Desc: | Specification of the type of a financial transaction in coded form. | |
| 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 | Clean payment |
| Payment under open account terms. | |
| 4 | Documentary payment |
| Payment relating to a documentary settlement. | |
| 5 | Irrevocable documentary credit |
| The documentary credit is irrevocable. | |
| 6 | Revocable documentary credit |
| The documentary credit is revocable. | |
| 7 | Irrevocable and transferable documentary credit |
| The documentary credit is irrevocable and may be transferred to a second beneficiary. | |
| 8 | Revocable and transferable documentary credit |
| The documentary credit is revocable and may be transferred to a second beneficiary. |
| 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. |