107 Payment Method Code

Code identifying type of payment procedures.

Identifier (ID)
Min 1 / Max 1
APrivate Netting Agreement, Pay by Wire Transfer
BCompensation by Balance
CPay By Check
EElectronic Payment System
FFreight Payment Bank
GCCD (NACHA Cash Concentration/Disbursement - Funds Transacted without Remittance Information)
HCCD+(NACHA Cash Concentration/Disbursement - Funds Transacted Plus an 80 Record Remittance Detail)
IInvoiced Separately
JCTX (NACHA Corporate Trade Exchange - Transaction Plus Remittance Detail in ANSI Standard Flexible Format)
KPrivate Netting, Pay by Check
LLetter of Credit
MDeduction from Film Rental
NBilling Account
The account or summary account that represents a customer's net compensation position with the bank for the relationship within this transaction set
OCTP (NACHA Corporate Trade Payment - Transaction Plus Remittance Detail in Fixed Format)
PPreviously Charged
Service charged outside of analysis; provided for completeness of bank information
QPetroleum Clearinghouse Bank
RRelated Detail Account
Individual account that provides supporting data for a billing or summary amount
SSummary Account
Summary of account level detail for information, pricing or balance netting
TWire Transfer

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