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) |