United Nations Directories for Electronic Data Interchange for
Administration, Commerce and Transport
UN/EDIFACT
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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
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batch and interactive messages)
a X sign (X) for marked for deletion (within both batch
and interactive messages)
# 4279 Payment terms type code qualifier [B]
Desc: Identification of the type of payment terms.
Repr: an..3
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.
19 United States funds
The payment terms require the use of United States
funds.
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.
36 Tenor payment terms
Payment to be made according to bilaterally agreed
conditions between buyer and seller.
37 Complete payment
Payment must be made for complete value and may not
be paid in instalments.
38 Payment terms defined in consolidated invoice
Payment terms are specified in a consolidated
invoice.
39 Payment upon completion
The payment terms require payment upon completion.
40 Partial advance
The payment terms require a partial payment in
advance of completion.
41 Consignment
The payment terms are that the goods will be paid
for when they are sold or consumed.
42 Inter-company account
The payment terms involve the use of an inter-
company account.
43 Sell by note
The payment terms involve a debtor who promises to
pay a definite sum of money on demand or at a
definite time in the future.
44 Supplier floor plan
The payment terms involve payment for merchandise
owned by a third party.
45 Contract basis
The payment terms are based on a contract with a
vendor.
46 Credit controlled
The payment terms involve the monitoring of credit
by the grantor.
47 Dating given
The payment terms in which suppliers may extend
seasonal dating.
48 Trade acceptance
A trade acceptance is a written acknowledgement of
the sale of goods and promise to pay at a definite
date and place.
49 Cost plus
The payment terms permit reimbursement of costs
plus other authorised changes.
50 Letter of credit
The payment terms require the use of a letter of
credit.
51 Lease agreement
The payment terms are included in the lease
agreement.
52 Cash On Delivery (COD)
The payment terms are cash is due on delivery of
merchandise.
53 Cash by state law
The payment terms are dictated by state law
requiring payment of cash.
54 Bank transfer
The payment terms require the use of bank transfer.
55 Cash on arrival
The payment terms require payment by cash on
arrival of the goods or services.
56 Cash
The payment terms are that payments are made in
cash.
57 Cash discount terms apply
The payment terms are that a discount is applicable
if the payment is made in cash.
58 Cash with order
The payment terms require the payment in cash with
placement of the order.
59 Cash per vendor request
The payment terms involve a vendor request for
payment by cash.
60 Irrevocable letter of credit
The payment terms require the use of an irrevocable
letter of credit.
61 Documents against acceptance
The payment terms require acceptance of liability
before document transfer.
62 Charge card
The payment terms permit the use of a charge card
to effect payment.
63 Documents against payment
The payment terms require payment before document
transfer.
64 Usance bill
The payment terms are based on the time allowed by
commercial usage for the payment of foreign bills
of exchange.
65 Letter of credit at sight
The payment terms require the presentation of a
letter of credit.
66 Secured account
The payment terms call for the use of a secured
account.
67 Basic commission terms
The payment terms call for the use of basic
commission terms.
68 Deposit required
The payment terms require a deposit be provided.
69 Discount with prompt pay
The payment terms include a discount when payment
is made within a time frame designated as prompt
pay.
70 Discount with advance payment
The payment terms include a discount when payment
is made in advance.
71 Certified cheque
The payment terms require the use of a certified
cheque.
72 Cash against documents
The payment terms require cash payment before
document transfer.
73 Bill of exchange
The payment terms require the use of bill of
exchange.
+ 74 Progressive discount
The payment terms include a progressive discount
based on the amount and speed with which payments
are made.
+ 75 Lump sum
The payment term requires a lump sum payment.
+ 76 Fixed fee
The payment term requires a fixed fee payment.
ZZZ Mutually defined
Self explanatory.
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Data Element Cross Reference
DataElement 4279 is used in the following Batch Segments:
PAT PYT
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