Identifies type of settlement.
- 0 = "Versus Payment": Deliver (if sell) or Receive (if buy) vs. (against) Payment
- 1 = "Free": Deliver (if sell) or Receive (if buy) Free
- 2 = Tri-Party
- 3 = Hold In Custody
4 = Deliver-by-Value
In the context of EU SFTR reporting, indicates that the transaction is to be or was settled using the DBV mechanism.