| Option H | :4!c//4!c | (Qualifier)(Indicator) |
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
M |
CRDB |
N |
|
H |
Credit/Debit Indicator |
2 |
O |
CONT |
N |
|
H |
Contractual Payment |
This qualified generic field specifies:
CONT |
Contractual Payment |
Whether posting to account is:
the result of funds actually collected from issuer. anticipation of collection and is based on a contractual agreement with account servicer. |
CRDB |
Credit/Debit Indicator |
Specifies whether the value is a debit or credit. |
If Qualifier is CONT, Indicator must contain one of the following codes :
ACTU |
Actual Payment |
Result of funds actually collected from issuer. |
CONT |
Contractual Payment |
Anticipation of collection and is based on a contractual agreement with account servicer. |
If Qualifier is CRDB, Indicator must contain one of the following codes :
CRED |
Credit |
Value is a credit. |
DEBT |
Debit |
Value is a debit. |