Identification of the channel of payment.
Type
String (AN)
Length
Max 3 / Min 1
Codes
<> 1
Ordinary post
<> 2
Air mail
<> 3
Telegraph
<> 4
Telex
<> 5
S.W.I.F.T.
Society for Worldwide Interbank Financial Telecommunications s.c.
<> 6
Other transmission networks
<> 7
Networks not defined
<> 8
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
<> 11
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
