Description

Type: int

Indicates what type of commission is being expressed in CommissionAmount <2640>.

Valid values:

  • 0 = Unspecified
  • 1 = Acceptance

    The bank's charge for issuing a Letter of Credit.

  • 2 = Broker

    The executing broker's commission.

  • 3 = Clearing broker

    The clearing broker's commission.

  • 4 = Retail

    Commission charged by or related to retail sales.

  • 5 = Sales commission

    The commission charged by the sales desk.

  • 6 = Local commission

    Commission paid to local broker in a cross-border transaction.

  • 7 = Research payment

Used In