ISO 20022 code set

Charge bearer

Who bears the charges on the payment. A closed, complete list of four.

Carried in: ChrgBr — who pays the charges

CodeNameMeaning
DEBTBorneByDebtorAll transaction charges are borne by the debtor (the payer).
CREDBorneByCreditorAll transaction charges are borne by the creditor (the payee).
SHARSharedCharges are shared — debtor pays their side, creditor pays theirs.
SLEVFollowingServiceLevelCharges follow the rules of the agreed service level (e.g. a scheme).