22F - Payment Direction Indicator

Values for the Qualifier PADI

ISO 15022

ISO TR 7775

SSAB

ISITC

Code Word Value

Code Word Name

Definition

Code Word

Syno-nym

MT

Code Word

Equi-valent

MT

Code Word

Equi-valent

MT

PAYD

Pay Down

The direction of payment for the asset backed securities is down.

           

D

72 APAY

521, 523

PAYU

Pay Up

The direction of payment for the asset backed securities is up.

           

U

72 APAY

521, 523