1408 Remittance Type Code

Code identifying the type of remittance

Identifier (ID)
Min 2 / Max 2
01Actual Principal Actual Interest Remittance
Remittance of actual interest collected and actual principal collected
02Scheduled Interest Actual Principal Remittance
Remittance of the scheduled interest and actual principal collected
03Scheduled Principal Scheduled Interest Remittance
Remittance of the scheduled interest and scheduled principal

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