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 |