EANCOM® 2002 Part III Data Element & Code Sets Directory
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4487 Financial transaction type code
 
Code specifying a type of financial transaction.
                              
For code list updates look into the Global Data Dictionary: http://apps.gs1.org/GDD/bms/EANCOM/Pages/clDetails.aspx?semanticURN=urn:gs1:gdd:cl:4487FinancialTransactionTypeCode
                              
       
    S Old Code  
  1 =
Clean payment
Payment under open account terms.
     
  4 =
Documentary payment
Payment relating to a documentary settlement.
     
  5 =
Irrevocable documentary credit
The documentary credit is irrevocable.
     
  6 =
Revocable documentary credit
The documentary credit is revocable.
     
  7 =
Irrevocable and transferable documentary credit
The documentary credit is irrevocable and may be transferred to a second beneficiary.
     
  8 =
Revocable and transferable documentary credit
The documentary credit is revocable and may be transferred to a second beneficiary.
     
 
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