Qualifier Value

Qualifier values of 4277 in D16A

Payment terms description identifier (an1..17)

Identification of the terms of payment between the parties to a transaction (generic term).

Code Description
1 Draft(s) drawn on issuing bank
Draft(s) must be drawn on the issuing bank.
2 Draft(s) drawn on advising bank
Draft(s) must be drawn on the advising bank.
3 Draft(s) drawn on reimbursing bank
Draft(s) must be drawn on the reimbursing bank.
4 Draft(s) drawn on applicant
Draft(s) must be drawn on the applicant.
5 Draft(s) drawn on any other drawee
Draft(s) must be drawn on any other drawee.
6 No drafts
No drafts required.
7 Payment means specified in commercial account summary
An indication that the payment means are specified in a commercial account summary.