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3285 Instruction receiving party identifier [B]
Desc: Code specifying the party to receive an instruction.
1 Applicant's bank
The financial institution which is requested to issue
the documentary credit.
2 Issuing bank
The financial institution which issues the documentary
credit, if the applicant's bank is not acting as the
3 Beneficiary's bank
The financial institution with which the beneficiary
maintain an account.
The party in whose favour the documentary credit is to
be issued and the party who must comply with the
credit's terms and conditions.
5 Contact party 1
First party to contact.
6 Contact party 2
Second party to contact.
7 Contact party 3
Third party to contact.
8 Contact party 4
Fourth party to contact.
9 Contact bank 1
First financial institution to contact.
10 Contact bank 2
Second financial institution to contact.
Party to whom payment is due.
12 Receiving bank
Identifies the bank which is to receive funds.
13 Creditor's bank
Identifies the bank to whom payment is due.
14 Instruction receiving party identifier
Code specifying the party to receive an instruction.
Party from whom payment is due.
16 Payer or payer's agent
Party or party's agent from whom funds will be made
Data Element Cross Reference
DataElement 3285 is used in the following Batch Composite Elements:
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