4025Business function code

ElementBatch

Code describing the specific business function.

Element Details

Type ID
LengthMin 1 / Max 3
Codes
  • <>ROY
    Payment of royalties.
  • <>BEC
    Payment made to assist to parent/guardian to maintain child.
  • <>AAD
    The reason for the transaction is for types of services not specified elsewhere.
  • <>SUB
    Reason for transaction is subscription.
  • <>NET
    Reason for transaction is netting.
  • <>COC
    Reason for payment is commercial credit.
  • <>AAO
    Payment made by a company to a bank for financing social loans to the employees.
  • <>COS
    Reason for payments is costs.
  • <>CBF
    Capital building for retirement.
  • <>AAR
    Railway related business.
  • <>SSB
    Payment made by government to support individuals.
  • <>AAB
    The reason for the transaction is medical services.
  • <>LOA
    Transfer of loan to borrower.
  • <>AGT
    Support payment to farmer.
  • <>ZZZ
    A code assigned within a code list to be used on an interim basis and as defined among trading partners until a precise code can be assigned to the code list.
  • <>CPY
    Reason for payment is copyright.
  • <>AMY
    Payment on alimony.
  • <>SEC
    Reason for transaction is securities.
  • <>AAE
    The reason for the transaction is vision care services.
  • <>GDS
    Purchasing and selling of goods.
  • <>AAH
    The reason for the transaction is for intermediate care facility services.
  • <>BON
    The reason the transaction is bonus.
  • <>VAT
    Payment of value added tax (vat).
  • <>LIF
    Payment of licence fees.
  • <>AAS
    Bus related business.
  • <>AAC
    The reason for the transaction is for multiple types of services.
  • <>AAF
    The reason for the transaction is for home health care services.
  • <>SCV
    Purchasing and selling of services.
  • <>AAI
    The reason for the transaction is for long-term care facility services.
  • <>BEN
    Payment to person unemployed/disabled.
  • <>IHP
    Reason for transaction is instalment or hire/purchase agreement.
  • <>REN
    Reason for transaction is rent.
  • <>AAL
    The reason for the transaction is for dental services.
  • <>INS
    Reason for transaction is insurance premium.
  • <>AAG
    The reason for the transaction is for hospital care services.
  • <>AAJ
    The reason for the transaction is for convalescent care facility services.
  • <>AAM
    The reason for the transaction is the use of durable medical equipment.
  • <>GVT
    Payment to or from a government department.
  • <>TAX
    Payment of tax.
  • <>AAP
    Air related business.
  • <>ADV
    The reason for payment is advance payment.
  • <>FEX
    Reason for transaction is foreign exchange.
  • <>PEN
    Payment of pension.
  • <>CDT
    Reason for payment is commodity.
  • <>AAK
    The reason for the transaction is for health care anesthesia services.
  • <>INT
    Payment of interest.
  • <>DIV
    Reason for payment is dividend.
  • <>AAN
    The reason for the transaction is business expenses.
  • <>SAL
    Reason for payment is salary.
  • <>LOR
    Repayment of loan to lender.
  • <>REF
    Payment of refund.
  • <>AAQ
    Ferry related business.
  • <>COM
    Payment of commission.
  • <>AAA
    The business function is to specify payment terms.
  • <>CAS
    Reason for the transaction is cash management transfer.