Change Indicators

  4509  Credit cover reason, coded                                 [B]

  Desc: Reason of reply to a request for credit cover.

  Repr: an..3

        1 Requested financial information not provided
             Party requested has not provided financial information.
        2 No financial information available
             No financial information is available on buyer.
        3 Debtor is out of business
             Debtor ceased trading activities.
        4 Debtor is new company
             Debtor is newly incorporated.
        5 Debtor is not registered
             Debtor is not formally registered as legal entity.
        6 Debtor is non-trading company
             Debtor without trading, e.g. holding company.
        7 No comment
             No information can be disclosed.
        8 Only insolvency risk covered
             Only the risk of insolvency is covered.
        9 Subject to acceptance of bill of exchange
             Limit cover conditional to buyer's acceptance of bill of
             exchange.
       10 Document against acceptance
             Limit given on documents against acceptance terms.
       11 Document against payment
             Limit given on documents against payment terms.
       12 Adverse information is publicly available
             Adverse information on buyer is publicly available.
       13 Credit limit full
             No approval or increase in credit possible.
       14 Lack of turnover
             Limit reduced. E.g. cancelled due to absence of activity.
       15 Other
             Reasons not otherwise specified here.