Type: int

A code identifying the payment method for a (fractional) distribution.
13 through 998 are reserved for future use
Values above 000 are available for use by private agreement among counterparties

Added in protocol FIX.4.3

See in: FIX.4.3, FIX.5.0, FIX.5.0SP1, FIX.5.0SP2, FIX.5.0SP2 EP240.

Valid values

Value Description Added
1 CREST FIX.4.4
10 BPAY FIX.4.4
11 High Value Clearing System (HVACS) FIX.4.4
12 Reinvest in fund FIX.4.4
2 NSCC FIX.4.4
3 Euroclear FIX.4.4
4 Clearstream FIX.4.4
5 Cheque FIX.4.4
6 Telegraphic Transfer FIX.4.4
7 FedWire FIX.4.4
8 Direct Credit (BECS, BACS) FIX.4.4
9 ACH Credit FIX.4.4

Used in components