 Option A |
3!a |
(Code) |
Conditional (see rule C4) in mandatory sequence B
This field specifies which party will bear the charges for the transaction in the same occurrence of sequence B.
One of the following codes must be used (Error code(s): T08):
| BEN |
Beneficiary |
All transaction charges are to be borne by the beneficiary customer. |
| OUR |
Our customer charged |
The transaction charges are to be borne by the ordering customer. |
| SHA |
Shared charges |
All transaction charges other than the charges of the financial institution servicing the ordering customer account are borne by the beneficiary customer. |
