Settlement means code list

Code specifying the means of settlement.

See also the corresponding class

Values:

URILabelCommentValue
uncl4471:1Bill backRefers to a charge or allowance for the buyer and the buyer will bill back the seller.1
uncl4471:2Off invoiceThe allowance or charge is being deducted from the invoice.2
uncl4471:3Vendor check to customerAn allowance will be given to a customer from the supplier in the form of a check.3
uncl4471:4Credit customer accountAn allowance will be processed for the customer by giving a credit to their account.4
uncl4471:5Charge to be paid by vendorA charge whose payment will be made by the vendor.5
uncl4471:6Charge to be paid by customerA charge whose payment will be made by the customer.6
uncl4471:7OptionalThe settlement of charges is not obligatory.7
uncl4471:8Off gross quantity invoicedAllowance as relates to the gross quantity invoiced.8
uncl4471:9Electric cost recovery factorAn allowance as it relates to the electric cost recovery factor.9
uncl4471:10Gas cost recovery factorAn allowance as it relates to the gas cost recovery factor.10
uncl4471:11Prior credit balanceA settlement was made using a previous credit balance.11
uncl4471:12Non-dutiableReference to an allowance or charge as being free for Customs duty computation purposes.12
uncl4471:13All charges borne by payeeAll charges are to be borne by the funds receiver.13
uncl4471:14Each pay own costEach party are to be responsible for its own charges.14
uncl4471:15All charges borne by payerAll charges are to be borne by the funds sender.15
uncl4471:16All bank charges to be borne by applicantAll bank charges associated with a documentary credit are to be borne by the applicant.16
uncl4471:17All bank charges except confirmation commission to be borne by applicantAll bank charges associated with a documentary credit except confirmation commission are to borne by the applicant.17
uncl4471:18All bank charges to be borne by beneficiaryAll bank charges associated with a documentary credit are to be borne by the beneficiary.18
uncl4471:19Total payment borne by projectThe total payment is borne by the project.19
uncl4471:20Amendment charges to be borne by applicantDocumentary credit amendment charges are to be borne by the applicant.20
uncl4471:21Amendment charges to be borne by beneficiaryDocumentary credit amendment charges are to be borne by the beneficiary.21
uncl4471:22Discount charges to be borne by applicantDocumentary credit discount charges are to be borne by the applicant.22
uncl4471:23Discount charges to be borne by beneficiaryDocumentary credit discount charges are to be borne by the beneficiary.23
uncl4471:24All bank charges other than those of the issuing bank to be borne by beneficiaryAll bank charges associated with a documentary credit other than those of the issuing bank are to be borne by the beneficiary.24
uncl4471:25Amendment charges other than those of the issuing bank to be borne by beneficiaryAll charges associated with the amendment other than those of the issuing bank are to be borne by the beneficiary.25
uncl4471:26All charges to be paid by the principal of the collectionAll charges are to be paid by the principal of the collection.26
uncl4471:27All charges to be paid by the drawee of the collectionAll charges are to be paid by the drawee of the collection.27
uncl4471:28All charges to be borne by the drawee except those levied by the remitting bank, to be paid by principalAll charges are to be borne by the drawee except those levied by the remitting bank, which are to be paid by the principal.28
uncl4471:29All bank charges are to be paid by the principal of the documentary credit collectionAll bank charges are to be paid by the principal of the documentary credit collection.29
uncl4471:30All bank charges to be borne by receiving bankAll bank charges are to be borne by the receiving bank.30
uncl4471:31All bank charges to be borne by sending bankAll bank charges are to be borne by the sending bank.31
uncl4471:32Charges levied by a third bankCharges levied by a third bank.32
uncl4471:33Information charges levied by a third bankCharges levied by a third bank for providing information.33
uncl4471:34Total payment borne by patientThe total payment is borne by the patient.34
uncl4471:35Part payment borne by patientThe part payment is borne by the patient.35
uncl4471:36No charge to patientNo charges to be paid by the patient.36
uncl4471:37Divided according to national health service rulesCharge is divided between parties according to national health service rules.37
uncl4471:38Item accrualsExpenses related to an item for which invoices have not been received yet at the end of the current acounting period.38
uncl4471:39Vendor accrualsExpenses related to a vendor for which invoices have not been received yet at the end of the current accounting period.39
uncl4471:ZZZMutually definedA code reserved for special trading partner requirements when pre-defined codes do not exist.ZZZ