Code specifying the payment channel.
Type
String (AN)
Length
Max 3 / Min 1
Codes
<> 1
Ordinary post
The payment shall be/has been made via ordinary post.
<> 2
Air mail
The payment shall be/has been made via air mail.
<> 3
Telegraph
The payment shall be/has been made via telegraph.
<> 4
Telex
The payment shall be/has been made via telex.
<> 5
S.W.I.F.T.
Society for Worldwide Interbank Financial Telecommunications s.c.
<> 6
Other transmission networks
The payment shall be/has been made via other transmission networks.
<> 7
Networks not defined
The payment shall be/has been made via not defined networks.
<> 8
Fedwire
The payment shall be/has been made via Fedwire.
<> 9
Personal (face-to-face)
Indicates that payment should be made by the bank to the beneficiary or his identified agent, in person.
<> 10
Registered air mail
The payment shall be/has been made via registered air mail.
<> 11
Registered mail
The payment shall be/has been made via registered mail.
<> 12
Courier
Public courier service.
<> 13
Messenger
Private messenger service.
<> 14
National ACH
Nation wide clearing house for automated payment.
<> 15
Other ACH
Other than nation wide clearing house system.
<> ZZZ
Mutually defined
A code assigned within a code list to be used on an interim basis and as defined among trading partners until a precise code can be assigned to the code list.
