EANCOM PART III DATA ELEMENT & CODE SETS DIRECTORY   1997-07-01
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4439
  Payment conditions, coded
  Identification of the method employed or to be employed in order that a payment may be made or regarded as made. The method may or may not be tied to a guarantee.
 
1
= Direct payment
  Payment is made direct.
10
= Irrevocable documentary credit
  Payment is made using an irrevocable documentary credit.
15
= Irrevocable letter of credit-confirmed
  Payment is made using an irrevocable letter of credit confirmed.
17
= Revocable letter of credit
  Payment is made using an revocable letter of credit.
19
= Irrevocable letter of credit unconfirmed
  Payment is made using an irrevocable letter of credit unconfirmed.
34
= Seller to advise buyer
  Seller is to advise buyer on payment.
35
= Documents through banks
  Payment is made using documents passed through the banks.
OA
= Open account (EAN Code)
  Open account payment terms.
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