Skip to main content
Header logo

ISO 15022
Data Field Dictionary

MT503: (20) Field 95a: Party: Exposed Party

FORMAT

Option P :4!c//4!a2!a2!c[3!c] (Qualifier)(Identifier Code)
Option Q :4!c//4*35x (Qualifier)(Name and Address)
Option R :4!c/8c/34x (Qualifier)(Data Source Scheme)(Proprietary Code)

PRESENCE

Optional in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

EXPP

N

C7

P, Q, or R

Exposed Party

DEFINITION

This qualified generic field specifies:

EXPP

Exposed Party

Party that is exposed to its counterparty, that is, the taker.

NETWORK VALIDATED RULES

Identifier Code must be a registered BIC.

Proprietary code (Format Option R) and Name and Address (Format Option Q) must not start or end with a slash '/' and must not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line.

USAGE RULES

In option R, Proprietary Code specifies a local national code or market segment code identifying the party.

loader icon