Indication of how allowances or charges are to be settled.
Type
String (AN)
Length
Max 3 / Min 1
Codes
<> 1
Bill back
Refers to a charge or allowance for the buyer and the buyer will bill back the seller.
<> 2
Off invoice
The allowance or charge is being deducted from the face of the document.
<> 3
Vendor check to customer
An allowance will be given to a customer from the supplier in the form of a check.
<> 4
Credit customer account
An allowance will be processed for the customer by giving a credit to their account.
<> 5
Charge to be paid by vendor
A charge whose payment will be made by the vendor.
<> 6
Charge to be paid by customer
A charge whose payment will be made by the customer.
<> 7
Optional
<> 8
Off gross quantity invoiced
Allowance as relates to the gross quantity invoiced.
<> 9
Electric cost recovery factor
Description to be provided.
<> 10
Gas cost recovery factor
Description to be provided.
<> 11
Prior credit balance
Description to be provided.
<> 12
Non-dutiable
Reference to an allowance or charge as being free for Customs duty computation purposes.
<> 13
All charges borne by payee
All charges are to be borne by the beneficiary.
<> 14
Each pay own cost
Each party are to be responsible for its own charges.
<> 15
All charges borne by payor
All the charges are to be borne by the ordering customer.
<> 16
All bank charges to be borne by applicant
All bank charges associated with a documentary credit are to be borne by the applicant.
<> 17
All bank charges except confirmation commission to be borne by applicant
All bank charges associated with a documentary credit except confirmation commission are to borne by the applicant.
<> 18
All bank charges to be borne by beneficiary
All bank charges associated with a documentary credit are to be borne by the beneficiary.
<> 19
All bank charges outside country of applicant borne by beneficiary
All bank charges associated with a documentary credit, incurred outside the country of the applicant, are to be paid by the beneficiary.
<> 20
Amendment charges to be borne by applicant
Documentary credit amendment charges are to be borne by the applicant.
<> 21
Amendment charges to be borne by beneficiary
Documentary credit amendment charges are to be borne by the beneficiary.
<> 22
Discount charges to be borne by applicant
Documentary credit discount charges are to be borne by the applicant.
<> 23
Discount charges to be borne by beneficiary
Documentary credit discount charges are to be borne by the beneficiary.
<> 24
All bank charges other than those of the issuing bank to be borne by beneficiary
All bank charges associated with a documentary credit other than those of the issuing bank are to be borne by the beneficiary.
<> ZZZ
Mutually defined
A code reserved for special trading partner requirements when pre-defined codes do not exist.
