Tag 492
PaymentMethod
Abbreviation:
PmtMethodDescription
A code identifying the Settlement payment method. 16 through 998 are reserved for future use
Values above 1000 are available for use by private agreement among counterparties
Wire Format & Usage Example
Single field (key=value)
492=1 (CREST)
In a FIX message (SettlementInstructions)
8=FIX.4.4 | 9=... | 35=T | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 492=1 (CREST) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 492=1 (CREST) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
492=1 | CREST | CREST |
492=2 | NSCC | NSCC |
492=3 | Euroclear | Euroclear |
492=4 | Clearstream | Clearstream |
492=5 | Cheque | Cheque |
492=6 | TelegraphicTransfer | Telegraphic Transfer |
492=7 | FedWire | Fed Wire |
492=8 | DebitCard | Debit Card |
492=9 | DirectDebit | Direct Debit (BECS) |
492=10 | DirectCredit | Direct Credit (BECS) |
492=11 | CreditCard | Credit Card |
492=12 | ACHDebit | ACH Debit |
492=13 | ACHCredit | ACH Credit |
492=14 | BPAY | BPAY |
492=15 | HighValueClearingSystem | High Value Clearing System (HVACS) |
Enumerated Values
15| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 1 | CREST | CREST | FIX.4.3 |
| 2 | NSCC | NSCC | FIX.4.3 |
| 3 | Euroclear | Euroclear | FIX.4.3 |
| 4 | Clearstream | Clearstream | FIX.4.3 |
| 5 | Cheque | Cheque | FIX.4.3 |
| 6 | TelegraphicTransfer | Telegraphic Transfer | FIX.4.3 |
| 7 | FedWire | Fed Wire | FIX.4.3 |
| 8 | DebitCard | Debit Card | FIX.4.3 |
| 9 | DirectDebit | Direct Debit (BECS) | FIX.4.3 |
| 10 | DirectCredit | Direct Credit (BECS) | FIX.4.3 |
| 11 | CreditCard | Credit Card | FIX.4.3 |
| 12 | ACHDebit | ACH Debit | FIX.4.3 |
| 13 | ACHCredit | ACH Credit | FIX.4.3 |
| 14 | BPAY | BPAY | FIX.4.3 |
| 15 | HighValueClearingSystem | High Value Clearing System (HVACS) | FIX.4.3 |