Code identifying a means of payment.
Type
String (AN)
Length
Max 3 / Min 1
Codes
<> 1
Instrument not defined
<> 2
Automated clearing house credit
A credit transaction made through the automated clearing house system.
<> 3
Automated clearing house debit
A debit transaction made through the automated clearing house system.
<> 4
ACH demand debit reversal
A request to reverse an ACH debit transaction to a demand deposit account.
<> 5
ACH demand credit reversal
A request to reverse a credit transaction to a demand deposit account.
<> 6
ACH demand credit
A credit transaction made through the ACH system to a demand deposit account.
<> 7
ACH demand debit
A debit transaction made through the ACH system to a demand deposit account.
<> 8
Hold
Indicates that the bank should hold the payment for collection by the beneficiary or other instructions.
<> 9
National or regional clearing
Indicates that the payment should be made using the national or regional clearing.
<> 10
In cash
<> 11
ACH savings credit reversal
A request to reverse an ACH credit transaction to a savings account.
<> 12
ACH savings debit reversal
A request to reverse an ACH debit transaction to a savings account.
<> 13
ACH savings credit
A credit transaction made through the ACH system to a savings account.
<> 14
ACH savings debit
A debit transaction made through the ACH system to a savings account.
<> 15
Bookentry credit
A credit transaction, initiated from the buyer's account to the seller's account at the save financial institution.
<> 16
Bookentry debit
A debit transaction initiated from the seller's account to the seller's account at the same financial institution.
<> 17
ACH demand cash concentration/disbursement (CCD) credit
A credit transaction made through the ACH system to a demand deposit account using the CCD payment format.
<> 18
ACH demand cash concentration/disbursement (CCD) debit
A debit transaction made through the ACH system to a demand deposit account using the CCD payment format.
<> 19
ACH demand corporate trade payment (CTP) credit
A credit transaction made through the ACH system to a demand deposit account using the CTP payment format.
<> 20
Cheque
<> 21
Banker's draft
Issue of a banker's draft in payment of the funds.
<> 22
Certified banker's draft
<> 23
Bank cheque (issued by a banking or similar establishment)
<> 25
Certified cheque
<> 26
Local cheque
Indicates that the cheque is given local to the recipient.
<> 27
ACH demand corporate trade payment (CTP) debit
A debit transaction made through the ACH system to a demand deposit account using the CTP payment format.
<> 28
ACH demand corporate trade exchange (CTX) credit
A credit transaction made through the ACH system to a demand deposit account using the CTX payment format.
<> 29
ACH demand corporate trade exchange (CTX) debit
A debit transaction made through the ACH system to a demand account using the CTX payment format.
<> 30
Credit transfer
<> 31
Debit transfer
<> 32
ACH demand cash concentration/disbursement plus (CCD+) credit
A credit transaction made through the ACH system to a demand deposit account using the CCD+ payment format.
<> 33
ACH demand cash concentration/disbursement plus (CCD+) debit
A debit transaction made through the ACH system to a demand deposit account using the CCD+ payment format.
<> 34
ACH prearranged payment and deposit (PPD)
A consumer credit transaction made through the ACH system to a demand deposit or savings account.
<> 35
ACH savings cash concentration/disbursement (CCD) credit
A credit transaction made through the ACH system to a demand deposit or savings account.
<> 36
ACH savings cash concentration/disbursement (CCD) debit
A debit transaction made through the ACH system to a savings account using the CCD payment format.
<> 37
ACH savings corporate trade payment (CTP) credit
A credit transaction made through the ACH system to a savings account using the CTP payment format.
<> 38
ACH savings corporate trade payment (CTP) debit
A debit transaction made through the ACH system to a savings account using the CTP payment format.
<> 39
ACH savings corporate trade exchange (CTX) credit
A credit transaction made through the ACH system to a savings account using the CTX payment format.
<> 40
ACH savings corporate trade exchange (CTX) debit
A debit transaction made through the ACH system to a savings account using the CTX payment format.
<> 41
ACH savings cash concentration/disbursement plus (CCD+) credit
A credit transaction made through the ACH system to a savings account using the CCD+ payment format.
<> 42
Payment to bank account
<> 43
ACH savings cash concentration/disbursement plus (CCD+) debit
A debit transaction made through the ACH system to a savings account using the CCD+ payment format.
<> 44
Accepted bill of exchange
Bill drawn by the creditor on the debtor and accepted by the debtor.
<> 45
Referenced home-banking credit transfer
A referenced credit transfer initiated through home- banking.
<> 46
Interbank debit transfer
A debit transfer via interbank means.
<> 47
Home-banking debit transfer
A debit transfer initiated through home-banking.
<> 48
Bank card
Payment by means of a card issued by a bank or other financial institution.
<> 49
Direct debit
The amount is to be, or has been, directly debited to the customer's bank account.
<> 50
Payment by postgiro
<> 60
Promissory note
<> 61
Promissory note signed by the debtor
<> 62
Promissory note signed by the debtor and endorsed by a bank
<> 63
Promissory note signed by the debtor and endorsed by a third party
<> 64
Promissory note signed by a bank
<> 65
Promissory note signed by a bank and endorsed by another bank
<> 66
Promissory note signed by a third party
<> 67
Promissory note signed by a third party and endorsed by a bank
<> 70
Bill drawn by the creditor on the debtor
<> 74
Bill drawn by the creditor on a bank
Description to be provided.
<> 75
Bill drawn by the creditor, endorsed by another bank
Description to be provided.
<> 76
Bill drawn by the creditor on a bank and endorsed by a third party
Description to be provided.
<> 77
Bill drawn by the creditor on a third party
Description to be provided.
<> 78
Bill drawn by creditor on third party, accepted and endorsed by bank
Description to be provided.
<> 91
Not transferable banker's draft
Issue a bankers draft not endorsable.
<> 92
Not transferable local cheque
Issue a cheque not endorsable in payment of the funds.
<> 93
Reference giro
Ordering customer tells the bank to use the payment system 'Reference giro'. Used in the Finnish national banking system.
<> 94
Urgent giro
Ordering customer tells the bank to use the bank service 'Urgent Giro' when transferring the payment. Used in Finnish national banking system.
<> 95
Free format giro
Ordering customer tells the ordering bank to use the bank service 'Free Format Giro' when transferring the payment. Used in Finnish national banking system.
<> 96
Requested method for payment was not used
If the requested method for payment was or could not be used, this code indicates that.
<> 97
Clearing between partners
Amounts which two partners owe to each other to be compensated in order to avoid useless payments.
<> ZZZ
Mutually defined
