MT370: (16) Field 20C: Reference: Netting Position Reference
FORMAT
| Option C | :4!c//16x | (Qualifier)(Reference) |
PRESENCE
Mandatory in mandatory sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
NETT |
N |
|
C |
Netting Position Reference |
DEFINITION
This qualified generic field specifies:
NETT |
Netting Position Reference |
Reference assigned to identify the netting operation. |
NETWORK VALIDATED RULES
Reference must not start or end with a slash '/' and must not contain two consecutive slashes '//'.
USAGE RULES
The reference must be used to identify the subsequent payment instruction to settle the net position.
