-

M

9999

-

This segment group contains information regarding the debit side of this transaction and details which are pertinent to all payments specified in the message. Certain payment details may be provided either in segment group 4 or in segment group 11, but not in both.

-

C

1

-

 

Function:

 

Description of allocation of charges.

EDIFACT

Description

Settlement means code

M

an..3

=

All charges borne by payee

=

Each pay own cost

=

All charges borne by payor

When using code value '15'  in this data element it is not recommended that C878 be used.

C878

CHARGE/ALLOWANCE ACCOUNT

C

Composite data element C878 should only be provided if the account number against which charges are to be allocated are different to the ordering customers account (debit account)  number.

3434

Institution branch identifier

M

an..17

Code list identification code

C

an..17

=

Bank identification

=

Bank branch sorting identification

Code list responsible agency code

C

an..3

=

ISO (International Organization for Standardization)

3194

Account holder identifier

C

an..35

If this data element is not used the primary account (i.e. the ordered bank account) specified in the FII segment should be used.

Currency identification code

C

an..3

ISO 4217 three alpha

Segment Notes:

This segment is used to identify the party on which any charges are allocated and the account (of the ordering customer) to which the charges should be directed.

Example:
FCA+15'