1 – Formatted
Formatted Indexed READ statement format: READ (extu,fmt,keyspec[,keyid][,err][,iostat]) [iolist] Reads from a specified external unit. Translates the data from character to binary format as specified by "fmt".
2 – Unformatted
Unformatted Indexed READ statement format: READ (extu,keyspec[,keyid][,err][,iostat]) [iolist] Reads from a specified external unit. Does not translate the data.