SEF Payment Handling
To indicate the frequency and method for which trading partner financial settlement occurs
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code indicating the frequency pattern used between the contracting parties
A free-form description to clarify the related data elements and their content
SEF02 is used to clarify the payment frequency pattern code.
Code identifying the payment mechanism used
R0304: At least one of SEF-03 or SEF-04 is required
A free-form description to clarify the related data elements and their content
SEF04 is used to clarify payment handling.