Tag 477
DistribPaymentMethod
Abbreviation:
DistribPmtMethodDescription
A code identifying the payment method for a (fractional) distribution.
13 through 998 are reserved for future use
Values above 000 are available for use by private agreement among counterparties
Wire Format & Usage Example
Single field (key=value)
477=1 (CREST)
In a FIX message (RegistrationInstructions)
8=FIX.4.4 | 9=... | 35=o | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 477=1 (CREST) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 477=1 (CREST) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
477=1 | CREST | CREST |
477=2 | NSCC | NSCC |
477=3 | Euroclear | Euroclear |
477=4 | Clearstream | Clearstream |
477=5 | Cheque | Cheque |
477=6 | TelegraphicTransfer | Telegraphic Transfer |
477=7 | FedWire | FedWire |
477=8 | DirectCredit | Direct Credit (BECS, BACS) |
477=9 | ACHCredit | ACH Credit |
477=10 | BPAY | BPAY |
477=11 | HighValueClearingSystemHVACS | High Value Clearing System (HVACS) |
477=12 | ReinvestInFund | Reinvest in fund |
Enumerated Values
12| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 1 | CREST | CREST | FIX.4.4 |
| 2 | NSCC | NSCC | FIX.4.4 |
| 3 | Euroclear | Euroclear | FIX.4.4 |
| 4 | Clearstream | Clearstream | FIX.4.4 |
| 5 | Cheque | Cheque | FIX.4.4 |
| 6 | TelegraphicTransfer | Telegraphic Transfer | FIX.4.4 |
| 7 | FedWire | FedWire | FIX.4.4 |
| 8 | DirectCredit | Direct Credit (BECS, BACS) | FIX.4.4 |
| 9 | ACHCredit | ACH Credit | FIX.4.4 |
| 10 | BPAY | BPAY | FIX.4.4 |
| 11 | HighValueClearingSystemHVACS | High Value Clearing System (HVACS) | FIX.4.4 |
| 12 | ReinvestInFund | Reinvest in fund | FIX.4.4 |