Graduated
107 Payment Method Type Code
Code identifying type of payment procedures
Type
Identifier (ID)Length
Min 1 / Max 2Codes
1
2
Income Sensitive
3
Income Contingent
4
Level (Sum Constant)
8
Credit Account
A
Private Netting Agreement, Pay by Wire Transfer
B
Compensation by Balance
C
Pay By Check
D
Debited
E
Electronic Payment System
F
Freight Payment Bank
G
CCD (NACHA Corporate Credit or Debit - Funds Transacted without Remittance
Information)
H
CCD+ (NACHA Corporate Credit or Debit - Funds Transacted Plus an 80 Record
Remittance Detail)
I
Invoiced Separately
J
CTX (NACHA Corporate Trade Exchange - Transaction Plus Remittance Detail in
ANSI Standard Flexible Format)
K
Private Netting, Pay by Check
L
Letter of Credit
M
Deduction from Film Rental
N
Billing Account
The account or summary account that represents a customer's net compensation
position with the bank for the relationship within this transaction set
O
CTP (NACHA Corporate Trade Payment - Transaction Plus Remittance Detail in
Fixed Format)
P
Previously Charged
Service charged outside of analysis; provided for completeness of bank
information
Q
Petroleum Clearinghouse Bank
R
Related Detail Account
Individual account that provides supporting data for a billing or summary
amount
S
Summary Account
Summary of account level detail for information, pricing or balance netting
T
Wire Transfer
U
Direct Pay to Others
V
Lock Box
W
Waived
X
In Kind Payment
Y
Credit
AA
Bank Draft
AB
Cash
AC
Credit Card
AD
Direct Deposit
AE
Money Order
AF
Special Account
AG
Travelers Check