United Nations Directories for Electronic Data Interchange for
Administration, Commerce and Transport
UN/EDIFACT
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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.
X 41 Book guarantee/book bond
Self explanatory.
Note:
1. This code value will be removed effective with
directory D.05A.
X 44 Group guarantee
Self explanatory.
Note:
1. This code value will be removed effective with
directory D.04B.
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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UN/EDIFACT Directories