DescriptionA code identifying the Settlement payment method. Valid values: 1 = CREST 2 = NSCC 3 = Euroclear 4 = Clearstream 5 = Cheque 6 = Telegraphic Transfer 7 = Fed Wire 8 = Debit Card 9 = Direct Debit (BECS) 10 = Direct Credit (BECS) 11 = Credit Card 12 = ACH Debit 13 = ACH Credit 14 = BPAY 15 = High Value Clearing System (HVACS) 16 through 998 are reserved for future use or any value conforming to the data type Reserved1000Plus Values above 1000 are available for use by private agreement among counterparties Used In |
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