United Nations Directories 
for Electronic Data Interchange for

     Administration, Commerce and Transport


 

 UN/EDIFACT

 



      Change indicators

        a plus sign (+)    for an addition
        an asterisk (*)    for an amendment to structure
        a hash sign (#)    for changes to names
        a vertical bar (|) for changes to text for descriptions and
                           notes
        a minus sign (-)   for marked for deletion (within either
                           batch and interactive messages)
        a X sign (X)       for marked for deletion (within both batch
                           and interactive messages)


     4431  Payment guarantee means code                            [B]

     Desc: Code specifying the means of payment guarantee.

     Repr: an..3

     Code Values: 

     1     Factor guarantee
              Payment of an invoice is made by a factor under the
              guarantee he issued to seller or to another factor.

|    10    Bank guarantee
              A bank has agreed to stand as guarantor to ensure that
              payment is made.

|    11    Public authority guarantee
              A public authority has agreed to stand as guarantor to
              ensure that payment is made.

|    12    Third party guarantee
              The party who has agreed to stand as guarantor to ensure
              that payment is made is neither the payee nor the payor.

|    13    Standby letter of credit
              The guarantee of payment is in the form of a standby
              letter of credit.

|    14    No guarantee
              No guarantee of payment has been made or is available.

|    20    Goods as security
              The payor has provided possession of, or title in goods,
              as security against payment.

|    21    Business as security
              The payor has provided title in, or a lien over a
              business whose assets may be sold or sequestered, as
              security against payment.

|    23    Warrant or similar (warehouse receipts)
              The payor has provided a warrant or warehouse receipts
              for goods or property to be held or used as security
              against payment.

|    24    Mortgage
              The payor has provided a mortgage as security against
              payment.

     41    Book guarantee/book bond
              Self explanatory.

     44    Group guarantee
              Self explanatory.

|    45    Insurance certificate
              A certificate of insurance has been provided as a
              guarantee of eventual payment.

|    ZZZ   Mutually defined
              A code assigned within a code list to be used on an
              interim basis and as defined among trading partners
              until a precise code can be assigned to the code list.




     Data Element Cross Reference



     DataElement 4431 is used in the following Batch Composite Elements: 

     C534






    
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