(ASC X12) 107 Payment Method Code
TYPE=ID MIN=1 MAX=2
Code identifying type of payment procedures
Codes
1 | Graduated |
2 | Income Sensitive |
3 | Income Contingent |
4 | Level (Sum Constant) |
8 | Credit Account |
A | Private Netting Agreement, Pay by Wire Transfer |
B | Compensation by Balance |
C | Pay By Check |
D | Debited |
E | Electronic Payment System |
F | Freight Payment Bank |
G | CCD (NACHA Cash Concentration/Disbursement – Funds Transacted without Remittance Information) |
H | CCD+(NACHA Cash Concentration/Disbursement – Funds Transacted Plus an 80 Record Remittance Detail) |
I | Invoiced Separately |
J | CTX (NACHA Corporate Trade Exchange – Transaction Plus Remittance Detail in ANSI Standard Flexible Format) |
K | Private Netting, Pay by Check |
L | Letter of Credit |
M | Deduction from Film Rental |
N | Billing Account |
O | CTP (NACHA Corporate Trade Payment – Transaction Plus Remittance Detail in Fixed Format) |
P | Previously Charged |
Q | Petroleum Clearinghouse Bank |
R | Related Detail Account |
S | Summary Account |
T | Wire Transfer |
U | Direct Pay to Others |
V | Lock Box |
W | Waived |
X | In Kind Payment |
Y | Credit |
AA | Bank Draft |
AB | Cash |
AC | Credit Card |
AD | Direct Deposit |
AE | Money Order |
AF | Special Account |
AG | Travelers Check |
Appears in
ACT | Account Identification |
ASM | Amount and Settlement Method |
C2 | Bank ID |
G31 | Total Invoice Quantity |
G76 | Total Purchase Order |
ITD | Terms of Sale/Deferred Terms of Sale |
MNC | Mortgage Note Characteristics |
SAD | Student Award Detail |
SER | Service Charges |
SLI | Specific Loan Information |
Categories: