Browse

  

  

CC

Code. Content

  

Documentation

  

CCTS

  

CC

  

Code. Content

  

A character string used to identify a type of allowance or charge.

  

Allowance Charge Identification

  

Code

  

1..1

  

Codes

Handling commission

Fee for the processing of documentary credit, collection and payment which are charged to the customer.

Amendment commission

Fee for amendments in documentary credit and collection business (not extensions and increases of documentary credits).

Acceptance commission

Fee for the acceptance of draft in documentary credit and collection business which are drawn on us (also to be seen as a kind of 'guarantee commission').

Commission for obtaining acceptance

Fee for obtaining an acceptance under collections on the basis of 'documents against acceptance'.

Commission on delivery

Fee for delivery of documents without corresponding payment.

Advising commission

Fee for advising documentary credits (charged also in case of confirmed credits).

Confirmation commission

Fee for confirmation of credit.

Deferred payment commission

Fee for the deferred payment period under documentary credits confirmed by bank. This fee are charges for the period from presentation of the document until due date of payment.

Commission for taking up documents

Fee charged to the foreign bank for the processing of documentary credit.

Opening commission

Fee for opening revocable documentary credit.

Fee for payment under reserve

Fee charged to the customer for discrepancies in credit documents in the case of which the bank have to stipulate payment under reserve.

Discrepancy fee

Fee charged to the foreign bank for discrepancies in credit documents.

Domicilation commission

Fee for the domicilation of bills with the bank.

Commission for release of goods

Commission for the release of goods sent to the bank.

Collection commission

Fee for settling collections on the basis of 'documents against payments'.

Negotiation commission

Fee for the purchase of documents under sight credit for the first ten days.

Return commission

Fee for cheques, bills and collections returned unpaid and/or recalled.

B/L splitting charges

Fee for the splitting of bills of lading.

Trust commission

Fee for the handling on a fiduciary basis of imported goods that have been warehoused.

Transfer commission

Fee for the transfer of transferable documentary credits.

Commission for opening irrevocable documentary credits

Fee for opening irrevocable documentary credits. This fee is a kind of 'Guarantee commission' as compensation for the commitment into which the bank have entered on the customers behalf; similar to confirmation commission, acceptance commission.

Pre-advice commission

Fee for the pre-advice of a documentary credit.

Supervisory commission

Fee for the supervising unconfirmed documentary credits with a deferred payment period.

Model charges

Fee for decoding telex messages.

Risk commission

Commission in addition to the confirmation commission for documentary credits from sensitive countries.

Guarantee commission

Commission for drawing up guaranties.

Reimbursement commission

Fee for reimbursement of, for example, documentary credits.

Stamp duty

Tax payable on bills in accordance with national bill of exchange legislation.

Brokerage

Brokers commission arising, in trade with foreign currencies.

Bank charges

Charges deducted/claimed by other banks involved in the transaction.

Bank charges information

Charges not included in the total charge amount i.e. the charges are for information only.

Courier fee

Fee for use of courier service.

Phone fee

Fee for use of phone.

Postage fee

Fee for postage.

S.W.I.F.T. fee

Fee for use of S.W.I.F.T.

Telex fee

Fee for telex.

Penalty for late delivery of documents

Penalty imposed when documents are delivered late.

Penalty for late delivery of valuation of works

Penalty imposed when valuation of works is delivered late.

Penalty for execution of works behind schedule

Penalty imposed when the execution of works is behind schedule.

Other penalties

Penalty imposed for other reasons.

Bonus for works ahead of schedule

Bonus for completing work ahead of schedule.

Other bonus

Bonus earned for other reasons.

Project management cost

Cost for project management.

Pro rata retention

Proportional retention charge.

Contractual retention

Contractual retention charge.

Other retentions

Retention charge not otherwise specified.

Interest on arrears

Interest for late payment.

Interest

Cost of using money.

Charge per credit cover

Unit charge per credit cover established.

Charge per unused credit cover

Unit charge per unused credit cover.

Minimum commission

Minimum commission charge.

Factoring commission

Commission charged for factoring services.

Chamber of commerce charge

Identifies the charges from the chamber of commerce.

Transfer charges

Charges for transfer.

Repatriation charges

Charges for repatriation.

Miscellaneous charges

Not specifically defined charges.

Foreign exchange charges

Charges for foreign exchange.

Agreed debit interest charge

Charge for agreed debit interest

Manufacturer's consumer discount

A discount given by the manufacturer which should be passed on to the consumer.

Fax advice charge

Charge for fax advice.

Due to military status

Allowance granted because of the military status.

Due to work accident

Allowance granted to a victim of a work accident.

Special agreement

An allowance or charge as specified in a special agreement.

Production error discount

A discount given for the purchase of a product with a production error.

New outlet discount

A discount given at the occasion of the opening of a new outlet.

Sample discount

A discount given for the purchase of a sample of a product.

End-of-range discount

A discount given for the purchase of an end-of-range product.

Charge for a customer specific finish

A charge for the addition of a customer specific finish to a product.

Incoterm discount

A discount given for a specified Incoterm.

Point of sales threshold allowance

Allowance for reaching or exceeding an agreed sales threshold at the point of sales.

Technical modification costs

Costs for technical modifications to a product.

Job-order production costs

Costs of job-order production.

Off-premises costs

Expenses for non-local activities.

Additional processing costs

Costs of additional processing.

Attesting charge

Costs of official attestation.

Rush delivery surcharge

Charge for increased delivery speed.

Special construction costs

Charge for costs incurred as result of special constructions.

Freight charges

Amount to be paid for moving goods, by whatever means, from one place to another.

Packing charge

Charge for packing.

Repair charge

Charge for repair.

Loading charge

Charge for loading.

Setup charge

Charge for setup.

Testing charge

Charge for testing.

Warehousing charge

Charge for storage and handling.

Gold surcharge

Difference between current price and basic value contained in product price in relation to gold content.

Copper surcharge

Difference between current price and basic value contained in product price in relation to copper content.

Material surcharge/deduction

Surcharge/deduction, calculated for higher/ lower material's consumption.

Lead surcharge

Difference between current price and basic value contained in product price in relation to lead content.

Price index surcharge

Higher/lower price, resulting from change in costs between the times of making offer and delivery.

Platinum surcharge

Difference between current price and basic value contained in product price in relation to platinum content.

Silver surcharge

Difference between current price and basic value contained in product price in relation to silver content.

Wolfram surcharge

Difference between current price and basic value contained in product price in relation to wolfram content.

Aluminum surcharge

Difference between current price and basic value contained in product price in relation to aluminum content.

Discount

A reduction from a usual or list price.

Insurance

Charge for insurance.

Minimum order / minimum billing charge

Charge for minimum order or minimum billing.

Material surcharge (special materials)

Surcharge for (special) materials.

Surcharge

An additional amount added to the usual charge.

Special rebate

A return of part of an amount paid for goods or services, serving as a reduction or discount.

Carbon footprint charge

A monetary amount charged for carbon footprint related to a regulatory requirement.

Fixed long term

A fixed long term allowance or charge.

Temporary

A temporary allowance or charge.

Standard

The standard available allowance or charge.

Yearly turnover

An allowance or charge based on yearly turnover.