A code identifying the payment method for a (fractional) distribution.
1 = CREST
2 = NSCC
3 = Euroclear
4 = Clearstream
5 = Cheque
6 = Telegraphic Transfer
7 = FedWire
8 = Direct Credit (BECS, BACS)
9 = ACH Credit
10 = BPAY
11 = High Value Clearing System (HVACS)
12 = Reinvest in fund
13 through 998 are reserved for future use
Values above 1000 are available for use by private agreement among counterparties
Code | Meaning |
---|---|
1 | CREST |
2 | NSCC |
3 | Euroclear |
4 | Clearstream |
5 | Cheque |
6 | Telegraphic Transfer |
7 | FedWire |
8 | Direct Credit (BECS, BACS) |
9 | ACH Credit |
10 | BPAY |
11 | High Value Clearing System (HVACS) |
12 | Reinvest in fund |