Code specifying the basis on which a percentage is calculated.
Type
String (AN)
Length
Max 3 / Min 1
Codes
<> 1
Per unit
Referenced percentage applies on a single unit basis.
<> 2
Per ton
Reduction percentage is applied per transported ton.
<> 3
Per equipment unit
Reduction percentage is applied per main equipment unit (for rail purpose, only rail wagons).
<> 4
Per unit price
Reduction percentage is applied on the unit price, which is the basis of the charge calculation.
<> 5
Per quantity
Reduction percentage applied on the unit price and conceded to a consignor after he reached a specified tonnage of transport.
<> 6
Basic charge
Code to indicate that the IATA experimental special charge within Europe is the basis for the percentage reduction or surcharge.
<> 7
Rate per kilogram
Code to indicate that the IATA experimental special rate within in Europe is the basis for the percentage reduction or surcharge.
<> 8
Minimum charge
Code to indicate that the IATA minimum charge is the basis for the percentage reduction or surcharge.
<> 9
Normal rate
Code to indicate that the IATA normal rate is the basis for the percentage reduction or surcharge.
<> 10
Quantity rate
Code to indicate that the IATA quantity rate is the basis for the percentage reduction or surcharge.
<> 11
Amount of drawing
Referenced percentage applies on the amount of drawing under the documentary credit.
<> 12
Documentary credit amount
Referenced percentage applies on documentary credit amount.
<> 13
Invoice value
Referenced percentage applies on the invoice value.
<> 14
CIF value
Referenced percentage applies on CIF value.
<> 15
Contract cost
The percentage applied to the contract cost.
<> 16
Labour hours
The percentage applied to the labour hours.
<> 17
LIBOR (London Inter-Bank Offered Rate)
The percentage basis is London Inter-Bank Offered Rate (LIBOR).
<> 18
FIBOR (Frankfurt Inter-Bank Offered Rate)
The percentage basis is Frankfurt Inter-Bank Offered Rate (FIBOR).
<> 19
PIBOR (Paris Inter-Bank Offered Rate)
The percentage basis is Paris Inter-Bank Offered Rate (PIBOR).
<> 20
Nationally based percentage basis
The percentage basis is nationally based.
