A credit transaction made through the automated clearing house system.
3
Automated clearing house debit
A debit transaction made through the automated clearing house system.
4
ACH demand debit reversal
A request to reverse an ACH debit transaction to a demand deposit account.
5
ACH demand credit reversal
A request to reverse a credit transaction to a demand deposit account.
6
ACH demand credit
A credit transaction made through the ACH system to a demand deposit account.
7
ACH demand debit
A debit transaction made through the ACH system to a demand deposit account.
8
Hold
Indicates that the bank should hold the payment for collection by the beneficiary or other instructions.
9
National or regional clearing
Indicates that the payment should be made using the national or regional clearing.
10
In cash
11
ACH savings credit reversal
A request to reverse an ACH credit transaction to a savings account.
12
ACH savings debit reversal
A request to reverse an ACH debit transaction to a savings account.
13
ACH savings credit
A credit transaction made through the ACH system to a savings account.
14
ACH savings debit
A debit transaction made through the ACH system to a savings account.
15
Bookentry credit
A credit transaction, initiated from the buyer's account to the seller's account at the save financial institution.
16
Bookentry debit
A debit transaction initiated from the seller's account to the seller's account at the same financial institution.
17
ACH demand cash concentration/disbursement (CCD) credit
A credit transaction made through the ACH system to a demand deposit account using the CCD payment format.
18
ACH demand cash concentration/disbursement (CCD) debit
A debit transaction made through the ACH system to a demand deposit account using the CCD payment format.
19
ACH demand corporate trade payment (CTP) credit
A credit transaction made through the ACH system to a demand deposit account using the CTP payment format.
20
Cheque
21
Banker's draft
Issue of a banker's draft in payment of the funds.
22
Certified banker's draft
23
Bank cheque (issued by a banking or similar establishment)
25
Certified cheque
26
Local cheque
Indicates that the cheque is given local to the recipient.
27
ACH demand corporate trade payment (CTP) debit
A debit transaction made through the ACH system to a demand deposit account using the CTP payment format.
28
ACH demand corporate trade exchange (CTX) credit
A credit transaction made through the ACH system to a demand deposit account using the CTX payment format.
29
ACH demand corporate trade exchange (CTX) debit
A debit transaction made through the ACH system to a demand account using the CTX payment format.
30
Credit transfer
31
Debit transfer
32
ACH demand cash concentration/disbursement plus (CCD+) credit
A credit transaction made through the ACH system to a demand deposit account using the CCD+ payment format.
33
ACH demand cash concentration/disbursement plus (CCD+) debit
A debit transaction made through the ACH system to a demand deposit account using the CCD+ payment format.
34
ACH prearranged payment and deposit (PPD)
A consumer credit transaction made through the ACH system to a demand deposit or savings account.
35
ACH savings cash concentration/disbursement (CCD) credit
A credit transaction made through the ACH system to a demand deposit or savings account.
36
ACH savings cash concentration/disbursement (CCD) debit
A debit transaction made through the ACH system to a savings account using the CCD payment format.
37
ACH savings corporate trade payment (CTP) credit
A credit transaction made through the ACH system to a savings account using the CTP payment format.
38
ACH savings corporate trade payment (CTP) debit
A debit transaction made through the ACH system to a savings account using the CTP payment format.
39
ACH savings corporate trade exchange (CTX) credit
A credit transaction made through the ACH system to a savings account using the CTX payment format.
40
ACH savings corporate trade exchange (CTX) debit
A debit transaction made through the ACH system to a savings account using the CTX payment format.
41
ACH savings cash concentration/disbursement plus (CCD+) credit
A credit transaction made through the ACH system to a savings account using the CCD+ payment format.
42
Payment to bank account
43
ACH savings cash concentration/disbursement plus (CCD+) debit
A debit transaction made through the ACH system to a savings account using the CCD+ payment format.
50
Payment by postgiro
60
Promissory note
61
Promissory note signed by the debtor
62
Promissory note signed by the debtor and endorsed by a bank
63
Promissory note signed by the debtor and endorsed by a third party
64
Promissory note signed by a bank
65
Promissory note signed by a bank and endorsed by another bank
66
Promissory note signed by a third party
67
Promissory note signed by a third party and endorsed by a bank
70
Bill drawn by the creditor on the debtor
74
Bill drawn by the creditor on a bank
Description to be provided.
75
Bill drawn by the creditor, endorsed by another bank
Description to be provided.
76
Bill drawn by the creditor on a bank and endorsed by a third party
Description to be provided.
77
Bill drawn by the creditor on a third party
Description to be provided.
78
Bill drawn by creditor on third party, accepted and endorsed by bank
Description to be provided.
91
Not transferable banker's draft
Issue a bankers draft not endorsable.
92
Not transferable local cheque
Issue a cheque not endorsable in payment of the funds.
93
Reference giro
Ordering customer tells the bank to use the payment system 'Reference giro'. Used in the Finnish national banking system.
94
Urgent giro
Ordering customer tells the bank to use the bank service 'Urgent Giro' when transferring the payment.
95
Free format giro
Ordering customer tells the ordering bank to use the bank service 'Free Format Giro' when transferring the payment. Used in Finnish national banking system.
96
Requested method for payment was not used
If the requested method for payment was or could not be used, this code indicates that.
97
Clearing between partners
Amounts which two partners owe to each other to be compensated in order to avoid useless payments.