D98B Data Element 4279

Return Version
4279
Identification of the type of payment terms.
1
Payment conditions normally applied.
2
Self explanatory.
3
Self explanatory.
4
Self explanatory.
5
Self explanatory.
6
Different payment terms negotiated under a documentary credit.
7
Self explanatory.
8
Self explanatory.
9
Occurring in the next month after present.
10
Payment is due on receipt of invoice.
11
Payment terms to be chosen by buyer (from options separately advised).
12
Payment due ten days after end of a calendar month.
13
Seller will advise buyer of payment terms by separate transaction.
14
Self explanatory.
15
Self explanatory.
16
Self explanatory.
17
Payment is due the end of the current or specified month.
18
Self explanatory.
20
Self explanatory.
21
Self explanatory.
22
Self explanatory.
23
Payment made at sight.
24
Payment made at deferred date.
25
Payment on acceptance.
26
Payment made by negotiation with any bank.
27
Payment made by negotiation with any bank in a specified location.
28
Payment made by negotiation with a specified financial institution.
29
Payment made by negotiation.
30
Payment adjusted for outstanding credits or debits.
31
Payment after due date.
32
Payment in advance of due date.
33
Payment by instalments according to progress (as agreed).
34
Payment by instalments according to progress (to be agreed).
35
Terms of payment differ from the normal terms.
36
Payment to be made according to bilaterally agreed conditions between buyer and seller.
37
Payment must be made for complete value and may not be paid in instalments.
38
Payment terms are specified in a consolidated invoice.
ZZZ
Self explanatory.