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.