| ISO20022

MT504: (36) Field 22a: Indicator

FORMAT

Option F	:4!c/[8c]/4!c	(Qualifier)(Data Source Scheme)(Indicator)
Option H	:4!c//4!c	(Qualifier)(Indicator)

PRESENCE

Mandatory in optional subsequence C1a

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	SCOL	N		H	Collateral Settlement Type Indicator
2	O	STCO	R	C14	F	Settlement Transaction Condition Indicator
3	O	TRCA	N		F	Party Capacity Indicator
4	O	STAM	N		F	Stamp Duty Indicator
5	O	RTGS	N		F	Securities Real-Time Gross Settlement Indicator
6	O	REGT	N		F	Registration Indicator
7	O	BENE	N		F	Beneficial Ownership Indicator
8	O	CASY	N		F	Cash Settlement System Indicator

DEFINITION

This qualified generic field specifies:

BENE	Beneficial Ownership Indicator	Specifies whether there is change of beneficial ownership.
CASY	Cash Settlement System Indicator	Specifies what cash settlement system is instructed to be used.
REGT	Registration Indicator	Specifies whether registration should occur upon receipt.
RTGS	Securities Real-Time Gross Settlement Indicator	Specifies whether the settlement transaction is to be settled through an RTGS or a non RTGS system.
SCOL	Collateral Settlement Type Indicator	Specifies how the collateral will be settled.
STAM	Stamp Duty Indicator	Specifies the stamp duty type or exemption reason applicable to the settlement instruction.
STCO	Settlement Transaction Condition Indicator	Specifies the conditions under which the collateral is to be settled.
TRCA	Party Capacity Indicator	Specifies the role of the party in the transaction.

CODES

In option H, if Qualifier is SCOL, Indicator must contain one of the following codes:

DVDS	Delivery Against Delivery	Delivery against delivery.
DVPT	Delivery Against Payment	Delivery against payment.
FOPT	Delivery Free of Payment	Delivery free of payment.

CODES

In option F, if Qualifier is STCO and Data Source Scheme is not present, Indicator must contain one of the following codes:

ASGN	Assignment	Transfer of ownership of the asset to another party during the closing of an option.
EXER	Exercised	Settlement transaction relates to options, futures or derivatives that are exercised.
FRCL	Free Clean Settlement	Delivery will be made free of payment but a clean payment order will be sent.
KNOC	Knocked Out	Settlement transaction relates to options, futures or derivatives that are expired worthless.
NPAR	No Partial Settlement Allowed	Partial settlement is not allowed.
NSSP	Standing Settlement Parties Override	Standing settlement parties have to be overridden.
PART	Partial Settlement	Partial settlement is allowed.
PHYS	Physical Settlement	Securities are to be physically settled.
RESI	CSD Payment Only	Relates to transaction on a security that is not eligible at the Central Securities Depository (CSD) but for which the payment will be enacted by the CSD.
SHOR	Short Sale Indicator	Settlement transaction will create a short position.
SPDL	Special Delivery	Settlement transactions to be settled with special delivery.
SPST	Split Settlement	Money and financial instruments settle in different locations.
UNEX	Unexposed	Delivery cannot be performed until money is received.

CODES

In option F, if Qualifier is TRCA and Data Source Scheme is not present, Indicator must contain one of the following codes:

CUST	Settling as a Custodian	Settlement party is a custodian. It receives/delivers the securities and carries out custodial duties.
SAGE	Settling as an Agent	Party settles trades on behalf of his client for which he also traded.
SPRI	Settling as a Principal	Party settles its own trades.

CODES

In option F, if Qualifier is RTGS and Data Source Scheme is not present, Indicator must contain one of the following codes:

NRTG	Non-RTGS	Settle through the non-RTGS system. If there is a standing instruction in place for settlement through the RTGS instruction, then this standing instruction is to be ignored.
YRTG	RTGS	Settle through the RTGS system. If there is a standing instruction in place for settlement through the non-RTGS system, then this standing instruction is to be ignored.

CODES

In option F, if Qualifier is REGT and Data Source Scheme is not present, Indicator must contain one of the following codes:

NREG	Street Name	Hold the securities in street name. If there is a standing instruction in place to register on receipt, then this standing instruction is to be ignored.
YREG	Register	Register on receipt. If there is a standing instruction in place to hold the securities in street name, then this standing instruction is to be ignored.

CODES

In option F, if Qualifier is BENE and Data Source Scheme is not present, Indicator must contain one of the following codes:

NBEN	NCBO	No Change of Beneficial Ownership (NCBO). If a standing instruction is in place for change of beneficial ownership (CBO), then this standing instruction is to be ignored.
YBEN	CBO	Change of Beneficial Ownership (CBO). If a standing instruction is in place for no change of beneficial ownership (NCBO), then this standing instruction is to be ignored.

CODES

In option F, if Qualifier is CASY and Data Source Scheme is not present, Indicator must contain one of the following codes:

ABEC	EBA EURO Clearing (EBA)	Settle money through EBA EURO Clearing (EBA).
ARTI	ARTIS (AT)	Settle money through ARTIS (AT).
AUCL	Payment Delivery System/RITF-RTGS (AU)	Settle money through Payment Delivery System/RITF-RTGS (AU).
AVPS	AVP (NZ)	Settle money through AVP (NZ).
BELS	ELLIPS (BE)	Settle money through ELLIPS (BE).
BOFI	BOF (FI)	Settle money through BOF (FI).
BOJS	Bank of Japan System	Settle money through Bank of Japan System.
BRLI	BIREL (IT)	Settle money through BIREL (IT).
CHEC	Cheque	Settle money through cheque.
DELS	EUROLINK SYSTEM (DE)	Settle money through EUROLINK SYSTEM (DE).
DKCS	DEBES (DK)	Settle money through DEBES (DK).
EAFD	EAF - EURO ACCESS FRANKFURT (DE)	Settle money through EAF - EURO ACCESS FRANKFURT (DE).
EBAC	EBA EURO Clearing (Members)	Settle money through EBA EURO Clearing (Members).
EPMS	EPM - ECB Payment Mechanism	Settle money through EPM - ECB Payment Mechanism.
GBSC	UK Domestic Sort Code	Settle money through UK Domestic Sort Code.
GROS	Gross Settlement System	Settle money through gross settlement system.
HERM	HERMES EURO (GR)	Settle money through HERMES EURO (GR).
HSVP	HSVP (HR)	Settle money through HSVP (HR).
IRIS	IRIS (IE)	Settle money through IRIS (IE).
LIPS	LIPS GROSS (LU)	Settle money through LIPS GROSS (LU).
LVTS	LVTS (CA)	Settle money through LVTS (CA).
NETS	Net Settlement System	Settle money through net settlement system.
NICS	NICS (NO)	Settle money through NICS (NO).
PCHS	Payment System Switzerland (CH)	Settle money through Payment System Switzerland (CH).
PEGE	Payment System in Egypt (EG)	Settle money through Payment System in Egypt (EG).
PNSF	PNS (FR)	Settle money through PNS (FR).
PVEV	PVE (VE)	Settle money through PVE (VE).
RIXS	RIX (SE)	Settle money through RIX (SE).
SAMO	SAMOS (ZA)	Settle money through SAMOS (ZA).
SEPI	SEPI (ES)	Settle money through SEPI (ES).
SITS	SIT (SI)	Settle money through SIT (SI).
SLBE	SLBE (ES)	Settle money through SLBE (ES).
SPGT	SPGT (PT)	Settle money through SPGT (PT).
TARG	TARGET	Settle money through TARGET.
TBFF	TBF - Transferts Banque De France (FR)	Settle money through TBF - Transferts Banque De France (FR).
TOPN	TOP (NL)	Settle money through TOP (NL).
USCH	CHIPS (US)	Settle money through CHIPS (US).
USFW	Fedwire (US)	Settle money through Fedwire (US).
VIBE	VIBER (HU)	Settle money through VIBER (HU).
ZENG	Zengin	Settle money through Zengin.

CODES

In option F, if Qualifier is STAM, the Data Source Scheme must be used to indicate the stamp duty type or exemption reason, for example, in the United Kingdom and Ireland (CRST), in South Africa (STRA), etc.