4279 Payment terms type qualifier [B] Desc: Identification of the type of payment terms. Repr: an..3 1 Basic Payment conditions normally applied. 2 End of month Self explanatory. 3 Fixed date Self explanatory. 4 Deferred Self explanatory. 5 Discount not applicable Self explanatory. 6 Mixed Different payment terms negotiated under a documentary credit. 7 Extended Self explanatory. 8 Basic discount offered Self explanatory. 9 Proximo Occurring in the next month after present. 10 Instant Payment is due on receipt of invoice. 11 Elective Payment terms to be chosen by buyer (from options separately advised). 12 10 days after end of month Payment due ten days after end of a calendar month. 13 Seller to advise buyer Seller will advise buyer of payment terms by separate transaction. 14 Paid against statement Self explanatory. 15 No charge Self explanatory. 16 Not yet defined Self explanatory. 17 Ultimo Payment is due the end of the current or specified month. 18 Previously agreed upon Self explanatory. 20 Penalty terms Self explanatory. 21 Payment by instalment Self explanatory. 22 Discount Self explanatory. 23 Available by sight payment Payment made at sight. 24 Available by deferred payment Payment made at deferred date. 25 Available by acceptance Payment on acceptance. 26 Available by negotiation with any bank Payment made by negotiation with any bank. 27 Available by negotiation with any bank in ... Payment made by negotiation with any bank in a specified location. 28 Available by negotiation by named bank Payment made by negotiation with a specified financial institution. 29 Available by negotiation Payment made by negotiation. 30 Adjustment payment Payment adjusted for outstanding credits or debits. 31 Late payment Payment after due date. 32 Advanced payment Payment in advance of due date. 33 Payment by instalments according to progress (as agreed) Payment by instalments according to progress (as agreed). 34 Payment by instalments according to progress (to be agreed) Payment by instalments according to progress (to be agreed). 35 Nonstandard Terms of payment differ from the normal terms. ZZZ Mutually defined Self explanatory.