1
Factor guarantee
Payment of an invoice is made by a factor under the guarantee he issued to seller or to another factor.
10
Bank guarantee
Self explanatory.
11
Public authority guarantee
Self explanatory.
12
Third party guarantee
Self explanatory.
13
Standby letter of credit
Self explanatory.
14
No guarantee
Self explanatory.
20
Goods as security
Self explanatory.
21
Business as security
Self explanatory.
23
Warrant or similar (warehouse receipts)
Self explanatory.
24
Mortgage
Self explanatory.
41
Book guarantee/book bond
Self explanatory.
44
Group guarantee
Self explanatory.
45
Insurance certificate
Self explanatory.
ZZZ
Mutually defined
Self explanatory.