ISO 20022 Academy
ISO 20022 code set

Charge bearer

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

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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).
Part of the ISO 20022 Dictionary — the reference layer of ISO 20022 Academy. Written by Revanth Sai Rayapati.