 4279 -
|
Payment terms type qualifier
UN/CEFACT Revision 1998A Code List |
|
| Repr: | an..3 |
| Desc: | Identification of the type of payment terms. |
| This table also occurs in the following versions of this standard:
D00A, D00B, D01A, D01B, D01C, D02A, D02B, D03A, D03B, D04A, D04B, D93A, D94A, D94B, D95A, D95B, D96A, D96B, D97A, D97B, D98A, D98B, D99A, D99B |
| 1 | Basic |
| Payment conditions normally applied. |
| 2 | End of month |
| Self explanatory. |
| 3 | Fixed date |
| Self explanatory. |
| 4 | Deferred |
| Self explanatory. |
| 5 | Discount not applicable |
| Self explanatory. |
| 6 | Mixed |
| Different payment terms negotiated under a documentary credit. |
| 7 | Extended |
| Self explanatory. |
| 8 | Basic discount offered |
| Self explanatory. |
| 9 | Proximo |
| Occurring in the next month after present. |
| 10 | Instant |
| Payment is due on receipt of invoice. |
| 11 | Elective |
| Payment terms to be chosen by buyer (from options separately advised). |
| 12 | 10 days after end of month |
| Payment due ten days after end of a calendar month. |
| 13 | Seller to advise buyer |
| Seller will advise buyer of payment terms by separate transaction. |
| 14 | Paid against statement |
| Self explanatory. |
| 15 | No charge |
| Self explanatory. |
| 16 | Not yet defined |
| Self explanatory. |
| 17 | Ultimo |
| Payment is due the end of the current or specified month. |
| 18 | Previously agreed upon |
| Self explanatory. |
| 20 | Penalty terms |
| Self explanatory. |
| 21 | Payment by instalment |
| Self explanatory. |
| 22 | Discount |
| Self explanatory. |
| 23 | Available by sight payment |
| Payment made at sight. |
| 24 | Available by deferred payment |
| Payment made at deferred date. |
| 25 | Available by acceptance |
| Payment on acceptance. |
| 26 | Available by negotiation with any bank |
| Payment made by negotiation with any bank. |
| 27 | Available by negotiation with any bank in ... |
| Payment made by negotiation with any bank in a specified location. |
| 28 | Available by negotiation by named bank |
| Payment made by negotiation with a specified financial institution. |
| 29 | Available by negotiation |
| Payment made by negotiation. |
| 30 | Adjustment payment |
| Payment adjusted for outstanding credits or debits. |
| 31 | Late payment |
| Payment after due date. |
| 32 | Advanced payment |
| Payment in advance of due date. |
| 33 | Payment by instalments according to progress (as agreed) |
| Payment by instalments according to progress (as agreed). |
| 34 | Payment by instalments according to progress (to be agreed) |
| Payment by instalments according to progress (to be agreed). |
| 35 | Nonstandard |
| Terms of payment differ from the normal terms. |
| 36 |
| Tenor payment terms |
| Payment to be made according to bilaterally agreed conditions between buyer and seller. |
| ZZZ | Mutually defined |
| Self explanatory. |
