A code identifying the Settlement payment method.
1 = CREST
2 = NSCC
3 = Euroclear
4 = Clearstream
5 = Cheque
6 = Telegraphic Transfer
7 = FedWire
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
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 | 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) |