ISO 20022 Academy

Charge bearer · ISO 20022 code

CRED

BorneByCreditor — All transaction charges are borne by the creditor (the payee).

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Code: CRED
Name: BorneByCreditor
Code set: Charge bearer
Carried in: ChrgBr — who pays the charges

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