4435 Payment channel, coded

Identification of the channel of payment.

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Type
String (AN)
Length
Min 1 / Max 3
Codes
CodeDescription
1Ordinary post
2Air mail
3Telegraph
4Telex
5S.W.I.F.T.
Society for Worldwide Interbank Financial Telecommunications s.c.
6Other transmission networks
7Networks not defined
8Fedwire
9Personal (face-to-face)
Indicates that payment should be made by the bank to the beneficiary or his identified agent, in person.
10Registered air mail
11Registered mail
12Courier
Public courier service.
13Messenger
Private messenger service.
14National ACH
Nation wide clearing house for automated payment.
15Other ACH
Other than nation wide clearing house system.
ZZZMutually defined
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