Element

paymentMethodCode

 

Occurrence:

1

..

1

 

Scheme-Status:

M

 

Type:

shared_common:PaymentMethodCodeType

 

   

   

Definition:

A predefined list that identifies a means of payment. For example cheque, bankers draft, credit card, etc..

   

GDD URN:

   

Applicable Codes:

Code

Code Name

Code Description

BANKERS_DRAFT

Issue of a banker's draft in payment of the funds.

BANK_CHEQUE

Payment by a pre-printed form, which has been completed  by a financial institution, on which instructions are  given to an account holder (a bank or building society) to pay a stated sum to a named recipient.

BANK_GIRO

The payment was originally made by bankgiro.

BOOKENTRY_CREDIT

A credit entry between two accounts at the same bank branch. Synonym

house credit.

BOOKENTRY_DEBIT

A debit entry between two accounts at the same bank branch. Synonym

house debit.

BOP

Not Available

CASH

Payment by currency (including bills and coins) in circulation, including checking account deposits.

CERTIFIED_CHEQUE

Payment by a pre-printed form stamped with the paying  bank's certification on which instructions are given to an account holder (a bank or building society) to pay a  stated sum to a named recipient .

CHEQUE

Payment by a pre-printed form on which instructions are given to an account holder (a bank or building society) to pay a stated sum to a named recipient.

CREDIT_CARD

Payment by means of a card issued by a bank or other financial institution.

DEBIT_CARD

The amount is to be, or has been, directly debited to the customer's bank account through a bank card.

ELECTRONIC_CREDIT_ACH

A credit transaction made through the automated clearing house system

ELECTRONIC_DEBIT_ACH

A debit transaction made through the automated clearing house system.

FED_WIRE_NON_REPETITIVE

Fedwire is a real time gross settlement funds transfer system operated by the Federal Reserve Banks that enables financial institutions to electronically transfer funds between its participants.

FED_WIRE_REPETITIVE

Fedwire is a real time gross settlement funds transfer system operated by the Federal Reserve Banks that enables financial institutions to electronically transfer funds between its participants.

FUEL_CARD

Fuel card

A payment card used most commonly for gasoline, diesel, and other fuels at fuel stations.

INTERNATIONAL_WIRE

Not Available

LETTER_OF_CREDIT

The financial operation is a letter of credit.

OTHER

Other

Payment method not specified otherwise.

POSTGIRO

The financial operation has been done by postgiro.

WIRE_TRANSFER_CREDIT

Not Available

WIRE_TRANSFER_DEBIT

Not Available