Change Indicators

* 4277 Terms of payment identification [B] Desc: Identification of the terms of payment between the parties to a transaction (generic term). Repr: an..17 1 Draft(s) drawn on issuing bank Draft(s) must be drawn on the issuing bank. 2 Draft(s) drawn on advising bank Draft(s) must be drawn on the advising bank. 3 Draft(s) drawn on reimbursing bank Draft(s) must be drawn on the reimbursing bank. 4 Draft(s) drawn on applicant Draft(s) must be drawn on the applicant. 5 Draft(s) drawn on any other drawee Draft(s) must be drawn on any other drawee. 6 No drafts No drafts required. + 7 Payment means specified in commercial account summary An indication that the payment means are specified in a commercial account summary.