Payment Scheme Codes
CODE | DESCRIPTION |
---|---|
INST | SEPA Instant payment. Payment initiation: INST must be used for RT1 and TIPS payment. Account reports: INST stands for RT1 payment. |
SEPA | SEPA payment. |
SWIFT | SWIFT payment. |
TARGET2 | TARGET2 payment. |
TIPS | TARGET Instant Payment. Payment initiation: Code cannot be used directly, but using INST |
FAST | UK Faster payment. |
BACS | BACS payment. |
INTERNAL | LHV internal payment. |
GROUP | Payments between LHV Group subsidiaries (LHV Pank, LHV Bank). |
TRADER | Trader payment. Trader payments cannot be initated via Connect. |
SEPADD | SEPA direct debit payment. |
BACSDD | BACS direct debit payment. |
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