Code specifying the party to receive an instruction.
Type
String (AN)
Length
Max 35 / Min 1
Codes
<> 1
Applicant's bank
The financial institution which is requested to issue the documentary credit.
<> 2
Issuing bank
The financial institution which issues the documentary credit, if the applicant's bank is not acting as the issuing bank.
<> 3
Beneficiary's bank
The financial institution with which the beneficiary maintain an account.
<> 4
Beneficiary
The party in whose favour the documentary credit is to be issued and the party who must comply with the credit's terms and conditions.
<> 5
Contact party 1
First party to contact.
<> 6
Contact party 2
Second party to contact.
<> 7
Contact party 3
Third party to contact.
<> 8
Contact party 4
Fourth party to contact.
<> 9
Contact bank 1
First financial institution to contact.
<> 10
Contact bank 2
Second financial institution to contact.
<> 11
Creditor
Party to whom payment is due.
<> 12
Receiving bank
Identifies the bank which is to receive funds.
<> 13
Creditor's bank
Identifies the bank to whom payment is due.
<> 14
Instruction receiving party identifier
Code specifying the party to receive an instruction.
<> 15
Debtor
Party from whom payment is due.
