Expense Code

Expense Code

Specify who pays the expenses associated with the payment. Enter 0 to specify that the remitter pays the costs of both banks. Enter 1 to specify that each bank pays its own expenses. Enter 2 to specify that the beneficiary pays the costs of both banks.

If you do not complete this processing option, the system uses the fee code for the supplier. If the supplier does not have a fee code, the system uses the default value of 1.