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 payer.

     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 payer has provided possession of, or title in goods,
              as security against payment.

     21    Business as security
              The payer 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 payer has provided a warrant or warehouse receipts
              for goods or property to be held or used as security
              against payment.

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

     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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