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I think the difference is YOU cannot charge the code.
Always ask for a BD code. There's no shame in that and BD is mostly funny money anyways and it ends up being intercompany elimination at quarter close so it's very rude when an MD doesn't offer a BD code
It depends on whether the Partner can give the bad code out to you.
A1 has got it right - always have a code, but you may not be allowed to charge to it (spending BD budget on other things).
Big fan of your username