4509 Credit cover response reason code

Code specifying the reason for a response to a request for credit cover.

Type

String (AN)

Length

Min 1 / Max 3

Codes

Code	Description
1	Requested financial information not provided Party requested has not provided financial information.
2	No financial information available No financial information is available on buyer.
3	Debtor is out of business Debtor ceased trading activities.
4	Debtor is new company Debtor is newly incorporated.
5	Debtor is not registered Debtor is not formally registered as legal entity.
6	Debtor is non-trading company Debtor without trading, e.g. holding company.
7	No comment No information can be disclosed.
8	Only insolvency risk covered Only the risk of insolvency is covered.
9	Subject to acceptance of bill of exchange Limit cover conditional to buyer's acceptance of bill of exchange.
10	Document against acceptance Limit given on documents against acceptance terms.
11	Document against payment Limit given on documents against payment terms.
12	Adverse information is publicly available Adverse information on buyer is publicly available.
13	Credit limit full No approval or increase in credit possible.
14	Lack of turnover Limit reduced. E.g. cancelled due to absence of activity.
15	Other Reasons not otherwise specified here.

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