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| 10 |
| Bank guarantee |
| A bank has agreed to stand as guarantor to ensure that payment is made. |
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| 11 |
| Public authority guarantee |
| A public authority has agreed to stand as guarantor to ensure that payment is made. |
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| 12 |
| Third party guarantee |
| The party who has agreed to stand as guarantor to ensure that payment is made is neither the payee nor the payor. |
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| 13 |
| Standby letter of credit |
| The guarantee of payment is in the form of a standby letter of credit. |
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| 14 |
| No guarantee |
| No guarantee of payment has been made or is available. |
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| 20 |
| Goods as security |
| The payor has provided possession of, or title in goods, as security against payment. |
EAN Description:
Title to the goods is retained by the supplier until payment is received. |
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| 21 |
| Business as security |
| The payor has provided title in, or a lien over a business whose assets may be sold or sequestered, as security against payment. |
EAN Description:
Business provided as security. |
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| 23 |
| Warrant or similar (warehouse receipts) |
| The payor has provided a warrant or warehouse receipts for goods or property to be held or used as security against payment. |
EAN Description:
Warrent or similar provided as security. |
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| 41 |
| Book guarantee/book bond |
| Self explanatory. |
EAN Description:
Book guarantee/book bond provided as security. |
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| 44 |
| Group guarantee |
Self explanatory.
Notes:
1. This code value will be removed effective with directory D.04B. |
EAN Description:
Group guarantee provided as security. |
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| 45 |
| Insurance certificate |
| A certificate of insurance has been provided as a guarantee of eventual payment. |
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