MT506: (37) Field 70D: Narrative: Exposure Narrative
FORMAT
| Option D | :4!c//6*35x | (Qualifier)(Narrative) |
PRESENCE
Optional in optional sequence C
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
EXPO |
N |
|
D |
Exposure Narrative |
DEFINITION
This qualified generic field specifies:
EXPO |
Exposure Narrative |
Provides additional information regarding the transaction which could not be reported in any other field, for example, the sub-product type or underlying issuer. |
USAGE RULES
Unless bilaterally agreed between the Sender and the Receiver, narrative field 70a must not contain information that can be provided in a structured field.
