D10A Data Element 4509

4509
Code specifying the reason for a response to a request for credit cover.
1
Party requested has not provided financial information.
2
No financial information is available on buyer.
3
Debtor ceased trading activities.
4
Debtor is newly incorporated.
5
Debtor is not formally registered as legal entity.
6
Debtor without trading, e.g. holding company.
7
No information can be disclosed.
8
Only the risk of insolvency is covered.
9
Limit cover conditional to buyer's acceptance of bill of exchange.
10
Limit given on documents against acceptance terms.
11
Limit given on documents against payment terms.
12
Adverse information on buyer is publicly available.
13
No approval or increase in credit possible.
14
Limit reduced. E.g. cancelled due to absence of activity.
15
Reasons not otherwise specified here.