MT505: (65) Field 22F: Indicator: Settlement Transaction Condition Indicator
FORMAT
| Option F | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Indicator) |
PRESENCE
Optional in conditional (see rules C8 and C9) sequence D
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
STCO |
N |
C15 |
F |
Settlement Transaction Condition Indicator |
DEFINITION
This qualified generic field specifies:
STCO |
Settlement Transaction Condition Indicator |
Specifies the conditions under which the collateral is to be settled. |
CODES
If Data Source Scheme is not present, Indicator must contain the following code:
NSSP |
Standing Settlement Parties Override |
Standing settlement parties have to be overridden. |
