ISO20022string

ChargeBearerCode

ISO20022: Specifies which party/parties will bear the charges associated with the processing of the payment transaction. The following values are allowed:

CodeNameDescription
DEBT
BorneByDebtorAll transaction charges are to be borne by the debtor.
CRED
BorneByCreditorAll transaction charges are to be borne by the creditor.
SHAR
SharedIn a credit transfer context, means that transaction charges on the sender side are to be borne by the debtor, transaction charges on the receiver side are to be borne by the creditor. In a direct debit context, means that transaction charges on the sender side are to be borne by the creditor, transaction charges on the receiver side are to be borne by the debtor.
SLEV
FollowingServiceLevelCharges are to be applied following the rules agreed in the service level and/or scheme.